Using the Trustee declaration form
The Trustee declaration (NAT 71089) is signed by trustees and directors of a corporate trustee of a self-managed super fund (SMSF) to declare they understand their obligations and responsibilities.
Read the Trustee declaration carefully. If you don't understand any of the responsibilities, then you should find out about them before signing the declaration.
Note: You must keep your completed declaration while you remain a trustee of the fund or for 10 years (whichever is longer). Don't send your completed declaration to us unless we ask for it.
How to obtain this form
Download this form in portable document format (PDF) at Trustee declaration (NAT 71089, PDF 358KB)This link will download a file.
Who should complete this declaration
You must complete this declaration if you become a trustee or the director of a corporate trustee of a new SMSF or existing SMSF.
This declaration must be signed within 21 days of becoming a trustee or director.
A separate declaration is required to be completed and signed by each and every trustee or director.
You must also complete this declaration if you:
- have undertaken an ATO-approved course of education to comply with an education direction
- are a legal personal representative who has been appointed as a trustee or director on behalf of a
- member who is under a legal disability (usually a member under 18 years old)
- member for whom you hold an enduring power of attorney
- deceased member.
If you do not have a signed trustee declaration, you must sign one as soon as possible.
Keep the signed declaration with your fund records so that you meet the retention requirements.
You should also provide a copy of the signed declaration to your fund's auditor so they can put it on their audit file.
To find out more, speak to a professional adviser or phone us on 13 10 20.