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  Miscellaneous 2009

Superannuation and pre-1999 unit trusts: The 30 June deadline and beyond

Source: South Australia

Published Date: 27 May 2009

 

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In the past it was possible for superannuation funds to invest in geared unit trusts (in effect, circumventing the borrowing restrictions). Restrictions were imposed on this investment opportunity in 1999 and transitional provisions have been in place since. The transition period expires on 30 June 2009, but pre-1999 unit trusts may remain valuable investments for super funds beyond that date.

This paper covers:

  • background - trusts and the in-house asset rules
  • transitional rules
  • action required before 30 June 2009
  • maintaining borrowings and cash-flow beyond 30 June 2009
  • unit trusts beyond 30 June 2009
  • case studies.
Author(s)

Individual Session

Superannuation and pre-1999 unit trusts: The 30 June deadline and beyond

Author(s): Daniel Jenkinson
Materials from this session:

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Details

  • Published By: Daniel Jenkinson
  • Published On:27 May 2009
  • Took place at:Stamford Plaza, Adelaide

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