News & Articles

December 3, 2013 BY Rockliffs Lawyers

Who Can Be a Trustee of a Self-Managed Superannuation Fund?

Anyone aged 18 or over can be a Trustee of a Self-Managed Superannuation Fund ("SMSF"), as long as they are not a “disqualified person”. Who is a disqualified person? The definition of a disqualified person under subsection 120(1) of the Superannuation Industry... [Read More...]

November 26, 2013 BY Rockliffs Lawyers

PPSR Transitional Period Ends January 2014

  What is the PPSR? From 30 January 2012, the Personal Property Securities Act, 2009 (Cth) (“PPS Act”) established a new system for the creation, priority and enforcement of security interests in personal property, which is generally all property other than... [Read More...]

November 15, 2013 BY Rockliffs Lawyers

Self-Managed Superannuation Funds Requirements

What is a Self-Managed Superannuation Fund? In order for a Self-Managed Superannuation Fund (SMSF) to be a complying superannuation fund and receive the concessional 15% tax rate, it needs to be a resident regulated superannuation fund at all times during... [Read More...]

October 25, 2013 BY Rockliffs Lawyers

Debt Recovery: The Start and Finish

While most businesses acknowledge legal debt recovery to be a necessary part of their business, solicitors are often thought of as simply the machinery through which the process is carried out. While it is important your legal team is able... [Read More...]

October 8, 2013 BY Rockliffs Lawyers

Things you should consider when selling a business

Before you consider selling your business, there are a number of issues you should consider and seek financial and legal advice in regards to such issues including: What exactly are you selling? For example, are the assets to be sold... [Read More...]