The Australian --- Page: 9 : 6 February 2008 Original article by Tony Negline
LexisNexis Summary
Trustees of self-managed superannuation funds in Australia should be mindful of the regulatory regime governing the sector. The ability of the Australian Taxation Office (ATO) to scrutinise do-it-yourself super funds for compliance with industry regulations has been enhanced as a result of an increase in its funding. The ATO offers a number of guides to assist trustees in complying with super laws, while its questionnaire for trustees of new super funds also provides useful information on the duties and responsibilities of trustees.
