Legislation
Section 17A Definition of Self Managed superannuation fund
Section 35A – Accounting Records
Section 35B – Accounts and Statements (Self managed superannuation funds only)
Section 35C – Audit of Accounts and Statements
Section 52(2)(d) – Separation of assets
Section 52(2)(e) – Hinder the trustee
Section 52(2)(f) – Investments strategy
Section 62 – Sole Purpose Test
Section 65 – Lending to members prohibited
Section 66 – Acquisition of certain assets from members of regulated superannuation funds prohibited
Section 67A – Limited recourse borrowing arrangements
Section 67B – Limited recourse borrowing arrangements – replacement assets
Section 71-84 - In-House Assets
- Part 8 Associates of Individuals
- Part 8 Associates – meaning of terms
- Section 71 – Meaning of In-house asset
- Section 82 – Market value ratio
- Section 83 – Certain new in-house asset investments prohibited
- Section 84 – In-house asset rules must be complied with
Section 103 – Duty to keep minutes and records
Section 104A – Trustee declaration
Section 106 – Duty to notify the regulator of significant adverse events
Section 109 – Investments to be made and maintained on arms length basis
Reg 4.09 – Trustees must have an investment strategy for the fund
Reg 5.03 - Investment returns must be allocated to members in a manner that is fair and reasonable
Reg 6.17 – Payments must be made in accordance with the applicable rules for the year being audited
Reg 13.12 - Trustees must not recognise an assignment of a super interest of a member or beneficiary
Reg 13.13 – Trustees must not recognise a charge over or in relation to a member’s benefits
Reg 13.14 – Trustees must not give a charge over, or in relation to, an asset of the fund
Reg 13.18AA - Investment in collectables and personal use assets
