DomaCom concludes Federal Court actionBY KARREN VERGARA | TUESDAY, 25 SEP 2018 12:20PMFederal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Related News |
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
Correct. Based on the facts of THAT PARTICULAR CASE!
In any case, the investment was still considered an in house asset of the fund so not really all that useful in practice.
Also, if Aussiegolfa has been ordered to pay fees etc, and Domacom is set to pick these costs up (on Aussiegolfa's behalf) there may be a contribution cap concern arising for the members of the fund! Another sting in the tail perhaps?