The ATO have issued the final SMSF Ruling on LRBAs for SMSFs. The ruling explains the application of key concepts for the purposes of the LRBA provisions, which provide an exception to the prohibition on trustees of regulated super funds borrowing or maintaining an existing borrowing of money.  These provisions are found in sections 67A … Continue reading Self Managed Superannuation Funds Ruling SMSFR 2012/1 – Limited Recourse Borrowing Arrangements (LRBAs)