| T: | +61 2 9357 4948 |
| M: | +61 419 220 022 |
| F: | +61 2 9357 1997 |
In response to requests from participants we publish the following summary of the paper given by our presenter on legal matters Gerard Gooden, Solicitor and Notary Public at our July 2010 Property Development Workshop.
"The Australian Tax Office (ATO) provides a broad outline of the investment strategy rules applicable to Self Managed Super Funds (“SMSF”). If you wish to read what the ATO says about these rules see: http://www.ato.gov.au/superfunds/content.asp?doc=/content/00151101.htm
The ATO states that the Trustee of a SMSF is obliged to regularly review the investments of the fund. There are prudential investment requirements that the Trustee must satisfy."
To accesss the rest of this material by Gerald Gooden, solicitor, discussing "Security of Payments" and an article on "Security of Payments" (both in PDF format) please send an email to us. You will receive an email by return with the access details. Please check your junk folder if you do not see an email within an few minutes.