Draft Regulations: SMSF investment in collectables and personal use assets

The Assistant Treasurer has released exposure draft regulations that amend the Superannuation Industry (Supervision) Regulations 1994 to include rules relating to self managed superannuation fund (SMSF) investment in collectables and personal use assets. The Regulations are conditional on the passage of the Tax Laws Amendment (2011 Measures No. 2) Bill 2011. Submissions close on 14 June 2011.

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