Which Smarter SMSF documents require verification?
Which Smarter SMSF documents require verification?
Audience: All members
The AML/CTF laws apply to a specific category of services — called designated services — that involve creating new legal entities or transferring control of existing ones. The vast majority of Smarter SMSF documents are completely unaffected.
Documents that require verification (Designated Services)
| Document | Notes |
| SMSF Establishment | New fund setup (individual or corporate trustee) |
| LRBA (Bare Trust) Setup | Including all trustee structures |
| LRBA Loan Facility Agreement | Associated with a bare trust setup |
| Discretionary (Family) Trust | New trust formation |
| Fixed Unit Trust | New trust formation |
| Company Incorporation | Including Special Purpose Companies |
| Change of Trustee | All variations — individual to corporate and vice versa |
Documents with no change (Not Designated Services)
| Document type | Notes |
| Pension commencements | All types — account-based, TRIS, defined benefit |
| Binding & non-binding nominations | All BDN and NBDBN documents |
| Investment strategies | Including property and borrowing strategies |
| Deed variations & trust deed updates | All standard deed amendments |
| Company constitution only | No new incorporation involved via Smarter SMSF |
| In-house asset loan agreements | |
| All other SMSF administration documents |
If you are unsure whether a specific document type is affected, contact us at support@smartersmsf.com before placing the order.