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One industry lawyer has said that using digital signatures to execute trust deeds in some of the eastern states does not comply with the law and could render the super fund non-complying.
Speaking to SMSF Adviser, Townsends Business and Corporate Lawyers principal Peter Townsend said research from the law firm indicates that in NSW, Victoria and Queensland it is not possible to digitally sign a deed in purely electronic format, and that it must be done in hard copy.
Read the full story at SMSF Adviser.