This final Self Managed Superannuation Fund Ruling was issued on 16 July 2008. It was previously released in draft form as SMSFR 2007/D2: see 2007 TAXVINE No 38 (20) (28 September 2007). Its full title is "Self Managed Superannuation Funds: giving financial assistance using the resources of a self managed superannuation fund to a member or relative of a member that is prohibited for the purposes of s 65(1)(b) of the Superannuation Industry (Supervision) Act 1993".
This Ruling explains how s 65(1)(b) of the Superannuation Industry (Supervision) Act 1993 applies to trustees and investment managers of SMSFs.
For a copy of SMSFR 2008/1, go here