Who should be the owner of the property acquired under an LRBA arrangement in WA?

The legal owner of the property acquired will be the trustee of the self-managed super fund (SMSF), rather than the SMSF members themselves. This means that the property is held on trust for the SMSF and its members, but the legal ownership of the property remains with the trustee.

Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
Reviewed: 11/10/2023