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Self Managed Super Fund (SMSF) Article
How to set up an SMSF - Step 3
By Tony Negline.
This article may be out of date.
19th November 2010
Step 3: Appoint The Trustees And Ensure They Sign The ATO Trustee DeclarationA person must give their consent in writing to act as a trustee. A superannuation fund must also obtain a declaration from a trustee stating that he/she is not a disqualified person under the super laws. The trustee appointment process is set out in the trust deed. A Self Managed Super Fund must have a trustee before the trust deed can be executed.
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