[Peter Hawketts]

Jason, is this “company title” property.

I saw a situation where the ATO conducted an audit on an SMSF where the trustee had acquired shares in a company title property (solicitor chambers) from the member. It was not possible to acquire shares in any company from a member where the shares are not listed on a public market. I was thinking that could be a similar situation to what you have, rather than the issue of whether it constitutes a property acquisition.