SMSF Association Submission
The SMSF Association welcomes the opportunity to make a submission on the Corporations Amendment (virtual meetings and electronic communications) Bill 2020.
We are supportive of measures which embrace the use of electronic measures in a post COVID environment. The broader SMSF industry and the SMSF trustee establishment and ongoing financial reporting process contains a significant number of signatures and resolutions annually. The implementation of broader lectronic measures should improve efficiencies and in turn further reduce fees in the SMSF sector.