SMSF Association Practice Test & Exam Prep | Australia

Where an SMSF has a corporate trustee, which alignment is generally required?

Every member must be a director of the corporate trustee (subject to limited exceptions) The corporate trustee must hold an Australian financial services licence The company must be listed on the ASX The company must have at least two independent non-member directors

Correct Answer:

Every member must be a director of the corporate trustee (subject to limited exceptions)

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