smsf managers e superfund, page-41

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    A trustee is not required to contribute into a fund.

    Therefore having two trustees and only one contributing meets the SMSF requirements.

    A single member fund may alternatively have two individuals as trustees. The member must be one trustee and the other trustee must be: a person who is related to the member, or any other person, provided the member is not an employee of that person.

    source:http://www.diysuperfund.com.au/pdf/Role_and_responsibilties_of_trustees.pdf
 
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