National Farmers' Federation

Tightening the non-commercial Loan Rules: Submission

The NFF’s 16 June 2009 submission relates to the Australian Government’s rationale for tightening the non-commercial loan provisions under Division 7A. The NFF encourages the Government to ensure that farmers are not unintentionally affected by the new legislation through their legitimate use of company assets owned exclusively for business use – in particular farm land.

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