From the ATO website:
Setting up a self-managed super fund
Single member funds
You can set up your super fund with only one member.
If you have a corporate trustee for a single member fund, the member must be one of the following:
the sole director of the trustee company
one of only two directors, that is either
related to the other director
any other person but not an employee of the other director.
If you choose not to have a corporate trustee, you must have two individual trustees. One trustee must be the member and the other must be a trustee that is either:
a person related to the member
any other person but not an employer of the member.
A trustee or director can't be paid for their services as a trustee or director in relation to the fund.
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