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Resolution with Division 7a

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Resolution with Division 7A Loan Agreement

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Division 7A Loan Agreement

A Resolution with Division 7A Loan Agreement is a Company Resolution of draft minutes of a meeting of the board of a company agreeing to make a loan to a shareholder.  This Company Resolution Includes:

  • Resolution to make loan
  • Chair
  • Quorum

A Resolution of a company to make a loan to its shareholders/ directors in accordance with Division 7A loan agreement.

A Division 7A dividend in the Australian tax system is an amount treated by the Australian Tax Office (ATO) as an assessable dividend of a shareholder of a private company that attempts to make a tax-free distributions of profits to the shareholder, or an associate of the shareholder.

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Title clear and helpful

By Tim Clarke on March 6, 2022

Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
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Easy as always

By Samantha Riley on May 12, 2022

I’ve used this site over the years for quick templates to build and modify from. Saves a great deal of work and ensures I have up to date changes already made for me when I need.
Confidentiality Agreement

By Linda Stevens on March 22, 2022

I have used Precedents Online and do find their product very well written and clear.
Title clear and helpful

By Tim Clarke on March 6, 2022

Very good precedent - only comment would be to provide some examples or comments if each clause is essential to create a binding financial agreement and, if optional, 1 or 2 brief examples of circumstances where the relevant clause could be excluded. Otherwise, great work and I will certainly use precedents online again, cheers!
Your Legal Documents

By Don on November 24, 2021

Thanks for the great downloads. Great for starting a small legal practice.
Legal

By Jim on November 8, 2021

Great service. Fast response and a good price. Easy to follow the download procedure. Would definitely use again.

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