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Corporate trustees advised to update constitutions

An SMSF law firm has advised corporate trustees to update their company constitutions following a government determination temporarily allowing the electronic execution of documents.

Corporate trustees advised to update constitutions
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Corporate trustees advised to update constitutions

Treasurer Josh Frydenberg made the determination on 5 May under the new section 1362A of the Corporations Act 2001 (Cth) (CA) called the Corporations (Coronavirus Economic Response) Determination (No. 1) 2020.

Read more at SMSF Adviser

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