Hart v Commissioner of Taxation


An Overview of the 1st Decided Case in which the Commissioner of Taxation has Disqualified a Trustee of a Self-Managed Super Fund
RSVP ESSENTIAL:  Please email rsvp@vicbar.com.au. There is no cost to attend.

This seminar will examine the first decided case in which the Commissioner of Taxation has disqualified a trustee of a self-managed superannuation fund for not being a fit and proper person and for various breaches of the Superannuation Industry (Supervision) Act 1993.  As well as the disqualification provision itself, the case considered many of the regulatory provisions of the superannuation legislation including the sole purpose test, the in-house asset rules, the benefit payment standards, the prohibition on providing loans and financial assistance to members and related parties, the prohibition on acquiring assets from related parties and the business real property exception, the prohibition on non-arm's length dealings, forfeiture of benefits, and the trustee covenants.   
BOOK LAUNCH: The CPD will be followed by a brief launch of the book, Bender’s Australian Stamp Duties by Justice Croft of the Supreme Court and Michael Flynn QC.  Drinks will be served in The Essoign.