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1 A company nominated by the SMSF trustee to act as custodian to hold legal title to the property for the duration of the loan in accordance with the terms of the documents you provided to us
View the latest and most up to date version of the Product Information Booklet (PDF). The SuperGear lending facility is not a financial product as defined and described within Chapter 7 of the Corporations Act 2001 (Cwlth). The information contained here does not take into account the investment objectives, financial situation and needs of any particular individual or self managed superannuation fund. Because of that, you should assess with the help of legal, financial and taxation advice, whether the information is appropriate in light of your own circumstances before acting on it. Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information. Only investors who fully understand the risks associated with gearing into investments should apply. All applications for the SuperGear lending facility are subject to the CommBank’s credit approval process. Fees and charges apply.
The offer or invitation to start a SuperGear lending facility is only available to persons receiving the PIB (whether in paper or electronic form) within Australia, who are Australian residents and who provide an Australian address for service when making their application to commence a SuperGear lending facility. SuperGear applications which don’t specify an Australian address or which are accompanied by payment drawn from a foreign bank account may be rejected and returned.
The PIB itself is not an offer or invitation in relation to a loan. Applications for a SuperGear lending facility can be made to CommBank and may be accepted or rejected by CommBank in its absolute discretion.