<<FundName>>
For Financial Year Ended 30th June <<AuditYear>>	
	
Minutes of Meeting of Trustees	
		
Held:	<<Fund_Address>>	
		
On:	<<Date>>	
		
Present:	<<SMSFMember1>> (Chairperson)
<<SMSFMember2>>
<<SMSFMember3>>
<<SMSFMember4>>

Chairperson	<<SMSFMember1>>
	
Minutes:	The chair reported that the minutes of the previous meeting had been signed as a true record.

Financial Statements of Superannuation Fund:	It was resolved that the tabled financial statements prepared as a Special Purpose Financial Report is correct as in the opinion of the trustees, the Superannuation Fund is a non-reporting entity and therefore is not required to comply with all the Australian Accounting Standards.

Trustees deliberated on the market value of each investment on the financial statement and it was resolved that the market value of all investments of the fund as on 30th June <<AuditYear>> is correct and the amount represent which the trustees believe are recoverable.  Resolved that all investment risks were considered for each investment in valuing its market value, including loss of capital.

Trustee’s Declaration:	Trustee Declaration attached to the financial report was tabled and It was resolved that the Trustee’s Declaration in the financial report of the Superannuation Fund be signed by all trustees.

ATO Annual Return:	Income tax return for the financial year ended 30th June <<AuditYear>>  and the ATO annual return was tabled and after discussion that the fund had complied with the requirements of the Superannuation Industry (Supervision) Act 1993 and Regulations during the year ended 30 June <<AuditYear>>, it was resolved the Annual Return be approved, signed and the agent requested to lodge the return with the Australian Taxation Office.

Investment Strategy:	The investment performance was reviewed and found to be within the acceptable investment range as outlined in the investment strategy, after considering insurance for the members and assets of the fund, the various risks, rate of return and liquidity of the investments and the ability of the fund to discharge its existing liabilities it was resolved that no changes in the investment strategy was required.

Insurances:	As a matter of risk management the trustees have considered during the year insurance cover for members and for the assets of the fund.

Allocation of Income:	All the member accounts were tabled. It was resolved that the income of the fund would be allocated to the members on fair and reasonable basis. The income and expenses allocated to various member accounts in the financial report was considered appropriate and it was agreed that the trustees sign all the member statements.

Investment Acquisitions/ Disposals:	It was resolved to ratify the investment acquisitions and disposals throughout the financial year ended 30 June <<AuditYear>>

Accountants 
and 
Tax Agents:	It was resolved that <<Firm_Name>> be appointed as Accountant and Tax Agent for the fund for <<NextAuditYear>>.
	
Auditors:	It was resolved that <<Partner_Name>> be appointed as Auditors of the fund for the year ended 30 June <<AuditYear>>.

It was resolved that the auditor will not be required to check the liquidity of the Fund assets, the nature or class of investments, nor their suitability to our investment strategy or form an opinion and report to the Trustees if the Fund is making or likely to make an economic loss or the Fund's assets are getting damaged or likely to get damaged due to conduct of any other person who the Trustees have relied for investment decisions or appointed as custodians or investment manager. 

It was resolved that if any assets of the fund fail and capital is lost, trustees will not take any action for damages under section 12GF of Australian Securities and Investments Commission Act 2001 against <<Partner_Name>> as the Trustees take full responsibility of all investment made by the fund.

It was resolved that the Trustees will be responsible if any investments are not recoverable.

Trustee Status:	Each of the trustees confirms that they are qualified to act as trustees of the fund and that they are not disqualified persons as defined be section 126k and the SIS Act.	
	
All resolutions for this meeting were made in accordance with the SIS Act and Regulations. There being no further business the meeting than closed.	
	
Signed as a true record

                                           ……………………………………………	
<<SMSFMember1>>
Chairperson