Key messages for self-managed super fund trustees

Read this information in conjunction with the Trustee declaration (NAT 71089).

You must complete and sign a Trustee declaration (NAT 71089) to show you understand your duties and responsibilities under super laws if you:

  • become a trustee or director of a corporate trustee (trustee) of a new self-managed super fund (SMSF)
  • become a trustee of an existing SMSF.

The declaration must also be signed if you are a legal personal representative who has been appointed as trustee 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.

You must sign the declaration within 21 days of becoming a trustee.

If you are an existing trustee and you have undertaken an ATO approved course of education in compliance with an education direction, you must sign a declaration within 21 days of completing the course.

See also:

    Last modified: 01 Mar 2016QC 19273