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.
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.
