Unallocated contributions account - termination

The purpose of this resolution is to terminate the unallocated contributions account of the Fund.

As the Trustee no longer undertakes contribution management using an unallocated contribution account and as all contributions previously credited to the account have been allocated to the relevant members, there is no further purpose in maintaining such an account.

1. This resolution may be used to terminate an unallocated contributions account.

2. This resolution can be used by both corporate and by individual trustees.

3. All trustees/directors must sign the resolution.

4. The resolution must be dated.

5. This is a template document.  It will have to be modified for the particular requirements of each superannuation fund.

6. This document is suitable for superannuation funds which have adopted the SUPERCentral Governing Rules or the Townsends Business & Corporate Lawyers Governing Rules as the Governing Rules for the superannuation fund.

7. For superannuation funds governed by non-SUPERCentral or non-Townsends Business & Corporate Lawyers governing rules, please review the applicable trust deed and governing rules to determine if the template is suitable for the Superannuation Fund.

For further information or advice please call the SUPERCentral Help Desk on 02 8296 6266, we would be pleased to assist.