Thursday, January 31, 2013

ATO - Key message for Self Managed Super Fund Trustees

If you are a new trustee (or director of a corporate trustee) of a self-managed super fund (SMSF), you must complete and sign a Trustee declaration (NAT71089) to show you understand your duties and responsibilities under super laws.

You must also complete the declaration if you are a legal personal representative who has been appointed as trustee (or director of a corporate trustee) on behalf of a:

  • member who is under a legal disability (usually a member under 18 years old)
  • member for whom you hold an enduring power of attorney
  • deceased member


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