Duties Act evidentiary requirements: Section 163FA

Section 163FA

Concession for acquisitions in connection with persons changing superannuation funds

1. Copy of the transfer of shares or units
2. A brief explanation of the background to the transfer and the entitlements to be extinguished and created. (The benefits of members of the transferor fund must be transferred to a transferee fund and the members should cease to have any rights against the transferor fund)
3. Proof that each of the superannuation funds is a complying fund or a statutory declaration from a trustee (or a director of a corporate trustee) of each of the superannuation funds concerned stating that, in the opinion of the trustee (or director), of the fund the person will become a member of, or otherwise become entitled to benefits in respect of, will be a complying superannuation fund within 12 months after the acquisition occurs