DomaCom seeks determination in Federal Court
ASX listed Fractional investment fund manager, DomaCom Ltd’s (ASX:DCL) subsidiary, DomaCom Australian Limited, has supported an action in the Federal Court for a declaration that DomaCom sub-funds are not inhouse assets or related trusts for the purposes of the SIS (Superannuation Industry Supervision) Act.
The ruling would confirm that SMSFs can invest in property sub-funds where the tenant of the underlying property is a related party of the SMSF.
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