Loan agreement from company to shareholders that satisfies requirements of a loan under Division 7A of the income Tax Assessment Act 1936.  Includes:

  • Definitions
  • Interpretation
  • Advances
  • Interest
  • Term
  • Repayment
  • Yearly repayments
  • Statutory minimum repayments
  • Payments affected by the Act
  • Early repayment
  • Guarantee

Suitable for secured and unsecured loans.  Most of the variables are in a Schedule to the agreement for ease of drafting. Fully formatted in Microsoft word, ready to download edit and use. 12 pages long.