Example 1: dividend income to reduce the principle of credit It would however be a mutual agreement, as you propose. What law break the super rules? If the lender wishes, the lender can add a few extra people to guarantee the repayment of the loan. The SMSF must have an investment strategy that involves the ability to lend. Agents should be cautious when making investments on behalf of SMSF to ensure that such investments are consistent with SMSF`s strategy and that any lending is not made under conditions that could compromise members` benefits. SMSF agents cannot lend money to SMSF members or their relatives. However, trustees can lend to companies close to and individuals of the SMSF, subject to the « internal assets » rules. Granting a loan is the same as investing SMSF money.