Can a Corporate Attorney be used for a SMSF Trustee Company?

No. A corporate power of attorney enables a person or a company to act on behalf of a company, making decisions, taking control of operations etc.  In terms of a trustee company of a superannuation fund the trustee cannot delegate their powers under section 59 of the Superannuation Industry Supervisions Act 1993. The penalties are significant for such a breach.

On the other hand, section 17A(3) enables a member’s enduring power of attorney to act as a trustee or director of the corporate trusts of the Fund should the member no longer be able.