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  • Section F: Financial position

    Question 18

    While performing your duties, did you form the opinion that the SMSF’s financial position is, or may become, unsatisfactory?

    Place X in the applicable box.

    If you answer ‘Yes’, explain why you formed that opinion.

    Where possible, clarify if the unsatisfactory position is due to a regulatory breach or other circumstances.

    If the unsatisfactory position is due to breaches of the sections and regulations listed in tables 1A and 1B, you need to assess if these should be reported at Section E: Contraventions.

    Last modified: 30 Jun 2019QC 17603