Non-Controlled Unit Trust

Establish a non-controlled unit trust with us

Price: $330.00 (GST inclusive)

ABN Registration Addon
just $50.00 (GST inclusive)

The Non-Controlled Unit Trust is a product created to enable an SMSF to invest in a private unit trust, without breaching what is known as the in house asset rule. It is a product for the same purpose as the SIS reg 13.22C trust, but it is structured differently and has different restrictions. These trusts can borrow, a SIS reg 13.22C trust cannot. These trusts can also invest in other trusts, and carry on a business – a SIS reg 13.22C trust.

The catch with these trusts is you cannot allow one SMSF to control more than 50% of the rights to the income generated by the trust, nor more than 50% of the rights to capital, nor more than 50% of the rights to vote. So specific provisions are inserted into these deeds so that cannot occur. These restrictions centre around the allotment of fresh units, the redemption of units or the transfer of units. If the end result which occurs by one of these transactions is that one SMSF ends up with more than 50% of the rights to income, to capital or the rights to vote, the transaction is voidable.

Our process

Establish your non-controlled unit trust with us today for just $330.00. Your order will be processed instantly and you will receive all the trust documents electronically, within minutes. Any additional legal requirements you may have can be raised with our team at your discretion.

Why establish with us?

All of our Non-controlled Unit Trust documents are backed 100% by PGG Legal’ expertise. Our firm specialises in tax and Trust law. As such, we do not use disclaimers of any kind on our documents. Additionally, all of our professional clients have the option to apply their own branding to our documents. Complete our straightforward, state of the art order form within minutes and get your non-controlled unit trust established today.

• • Well drafted documents, developed over a period of years
• • Supported by experienced and fully insured tax and Trust lawyers
• • No disclaimers used on any of our legal documents
• • Option to apply your branding to our documents