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Briefly Discuss Possible Reasons Why Changes Were Made to the SIS

question 18

Essay

Briefly discuss possible reasons why changes were made to the SIS Act in 2011 regarding SMSFs investing in collectables/personal use assets.


Definitions:

Natural Law

A philosophical theory that posits the existence of a set of laws of nature that are inherent and universal.

Legal Positivism

A school of thought in law that holds that the validity of a law is not related to its morality but on its sources and promulgation.

French Civil Code

A foundational legal document in France, also known as the Napoleonic Code, which influences civil law systems worldwide.

Justinian's Code

A collection of laws and legal interpretations developed under the direction of the Byzantine emperor Justinian I in the 6th century.

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