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$599.50 (inc GST)
The Cleardocs Instalment Warrant Arrangement Pack allows you to create documents to enable your SMSF to borrow money in accordance with Section 67(4A) of the Superannuation Industry (Supervision) Act 1993. The SMSF must have a Cleardocs deed to be able to use the Instalment Warrant Pack. You can update your SMSF's deed to the Cleardocs deed here, for $99. It takes about 10-20 minutes. The document package includes:
What the pack does not includeThe document package does not include the transaction documents required to transfer the property, or the shares etc. that the trustee is using the loan money to buy — for example, a transfer of land form or the relevant contract for buying the property. All documents are signed-off by our lawyers at Maddocks. You will need legal adviceTo use the document package for an 'Instalment Warrant Arrangement', the fund must obtain legal advice. Legal advice is required for two primary reasons:
Questions or further informationIf you have questions:
To set up on Cleardocs, all you need to do is key in your name, industry, email and password. Then you're ready to create Cleardocs documents. It only takes a few minutes. (There's no joining fee. Just a pay per use document fee.) Existing users wanting to start a new document, log in (top right) |