--- title: MAY 2026 Updates description: MAY 2026 Updates --- [Skip to content](https://info.lightyeardocs.com.au/supportcentre/may-2026-updates#main-content) English Show submenu for translations [![Asset 46@4x](https://info.lightyeardocs.com.au/hs-fs/hubfs/Asset%2046@4x.png?width=273&height=50&name=Asset%2046@4x.png)](https://www.lightyeardocs.com.au/) Open main navigation Close main navigation - English Show submenu for translations Your Gateway to Growth and Achievement! - There are no suggestions because the search field is empty. 1. [Success Hub](https://info.lightyeardocs.com.au/supportcentre?hsLang=en) 2. [Release Notes](https://info.lightyeardocs.com.au/supportcentre/release-notes?hsLang=en) 3. [2026 Releases](https://info.lightyeardocs.com.au/supportcentre/release-notes?hsLang=en#2026-releases) # MAY 2026 Updates **DOCUMENT UPDATES** - **04/05/2026  LRBA Holding Trust Pack Bank -** Under the Terms of the Holding Trust. The clause 1(b) "The Trustee acts as first Trustee of the Holding Trust and along with the Trustee of the Fund will borrow funds from the Lender for the acquisition of the Trust Property." was replaced into "The Trustee acts as first trustee of the Holding Trust. The Trustee of the Fund alone will borrow funds from the Lender to acquire the Trust Property, and the Trustee will hold legal title solely as bare trustee for the Trustee of the Fund, without incurring any liability for the borrowing." - **05/05/2026** Under the Notification and Application of Membership of Trustee/Director of Corporate Trustee, the Tax File Number is just now optional. If applicable, only the date of birth of the member shall appear for the following templates: - **Leading Member SMSF Establishment** - **Leading Member SMSF Establishment with EPOA** - **Member Appointment - Leading Member SMSF** - **Member Appointment - Standard SMSF** - **QROPs SMSF Establishment** - **SMSF Establishment** - **06/05/2026 Discretionary Trust - (individual & corporate)** Within the interview, the Victorian Landholding Trust caption was fixed. - **12/05/2026** Within the Borrowing Strategy Benchmark Tab, allocation ration value is now available for both benchmark option, whether there is a borrowing or not for the following document: - **SMSF Investment Strategy - Fund** - **Member Directed Investment Strategy** - **13/05/2026 Enduring Power of Guardianship (NSW) -** Applied font change from Calibri into Arial in some part of the template that is applicable and document margins and formatting were fixed. - **15/05/2026** The street type Square East, Square North, Square South, and Square West within the option list were added for the following documents: - **Family Protection Trustee Company** - **Leading Member Discretionary Trustee Company** - **Leading Member SMSF Special Purpose Corporate Trustee** - **SMSF Special Purpose Corporate Trustee** - **LYD Standard Company** - **15/05/2026** The Date of Birth per Company Associates for Individual entity will now check if the person is at least 18 years old or over 100 years old.  - **Family Protection Trustee Company** - **Leading Member Discretionary Trustee Company** - **Leading Member SMSF Special Purpose Corporate Trustee** - **SMSF Special Purpose Corporate Trustee** - **15/05/2026** **LYD Standard Company -** The Date of Birth requiring age of 18 were fixed. The requirement remain intact without causing error. - **25/05/2026** The Common Address list feature will now available within the tabs of Principal Place Of Business, the Registered Office and the Company Associates. across all Successor Director. 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