Order, Division 7A loan agreement, Kallan Lawyers

Lender company

The Pty Ltd company making the loan.

Company name *

ACN *

Registered office address *

Number of directors *

Sole director Multiple directors

For a company with multiple directors, two officers should sign under s 127 of the Corporations Act, two directors, or a director plus secretary, to attract the s 129 statutory assumptions.

Signatory 1

Full legal name *

Position *

Residential address *

Borrower

The shareholder or associate receiving the loan.

Borrower type *

Individual Associated company Trust

Full name *

Date of birth

Relationship to lender *

Address *

Note on trust borrowers: Division 7A applies to loans to trusts where the trust is an associate of the shareholder. We will draft the agreement with the trustee as the borrowing party.

Trustee type

Individual trustee Corporate trustee

Trustee company name *

Trustee ACN

Number of directors of the borrowing entity *

Sole director Multiple directors

For a company with multiple directors, two officers should sign under s 127 of the Corporations Act.

Borrower signatory 1

Full legal name *

Position *

Residential address *

Loan terms

Principal, security, and any variation from standard Division 7A terms.

Loan principal (AUD) *

Date of loan when funds are advanced

Security *determines whether term is 7 or 25 years

Purpose of the loan optional context

Standard Division 7A terms will be applied: The agreement will use the current ATO benchmark interest rate (the rate published by the ATO before the start of the relevant financial year) and the statutory minimum yearly repayment calculation under s 109E. If you need to vary these, describe the variation in the special requests box below.

Acknowledgments

Before you submit, please confirm each of the following. All five ticks are required.

No advice given. I acknowledge and accept that Kallan Lawyers has not provided, is not providing, and will not be taken to have provided, any legal, taxation, accounting, financial, or commercial advice in connection with this order. This includes any advice as to the appropriateness, suitability, structure, tax consequences, or implications of the documents, the parties, or the transaction. I have not relied, and will not rely, on Kallan Lawyers for such advice. General-purpose documents. I understand and accept that the documents will be prepared as general-purpose documents based solely on the information entered in this form, without consideration of the client's specific circumstances, objectives, or needs. The documents are not customised to specific facts beyond what has been entered above, and Kallan Lawyers gives no warranty (express or implied) that the documents are fit for any particular purpose. Independent advice obtained. I confirm that the client has obtained, or has been clearly advised in writing to obtain, independent legal, tax, accounting and financial advice before signing or acting on any of these documents. I undertake to recommend that the client do so prior to execution, and I accept that this order proceeds on that basis. Authority and accuracy. I warrant that I am authorised to provide these instructions on behalf of all relevant parties, and that all information provided is true, complete, and accurate to the best of my knowledge. I acknowledge and accept that Kallan Lawyers will rely entirely on the information provided without independent verification, and that any error, omission, or misstatement is at the risk of the client. Limitation of liability. I agree that Kallan Lawyers' total aggregate liability arising from or in connection with this order, however caused, is limited to the fee paid for the document pack. To the maximum extent permitted by law, Kallan Lawyers excludes all liability for consequential, indirect, special, or third-party loss, including loss of profit, loss of opportunity, or tax consequences, arising from the use, structure, or implications of the documents.

0 of 5 confirmed

Division 7A loan agreement.

Lender company

Borrower

Loan terms

Special requests, anything outside standard scope?

Upload supporting documents

Your details

Acknowledgments

Review before submitting.

Order received.

What happens next