Introduction
This Resolution for Division 7A Loan Agreement is a company resolution documenting the approval of a loan in accordance with Division 7A of the Income Tax Assessment Act 1936.
It records a resolution of the board of directors approving a loan to a named individual on the terms set out in an attached loan agreement.
The document includes meeting details, quorum confirmation and formal resolution wording.
This resolution provides a formal record of the board’s decision to approve a Division 7A compliant loan.
📄 Resolution for Division 7A Loan Agreement
• Board meeting minutes format
• Quorum and attendance provisions
• Resolution approving loan
• Reference to attached loan agreement
• Division 7A compliance reference
What is a Division 7A Loan Resolution?
A Division 7A Loan Resolution is a formal company record documenting the approval of a loan by directors in accordance with Division 7A of the Income Tax Assessment Act 1936.
It records the decision of the board to approve a loan on specified terms and forms part of the company’s corporate records.
Such resolutions are typically used alongside a Division 7A compliant loan agreement.
Professionally Drafted Legal Precedent
Prepared by experienced Australian commercial lawyers, this precedent provides a comprehensive and reliable framework for real-world use.
The document is fully editable in Microsoft Word and includes an Editing Legal Documents Guide to assist with completing and tailoring the agreement.
Designed for immediate use, it can be adapted to suit a wide range of legal and commercial scenarios.
At A Glance
What This Document Covers
• Board meeting resolution
• Loan approval
• Director decision making
• Company records
• Division 7A compliance
Key Provisions Included
• Meeting details and attendance
• Quorum confirmation
• Resolution wording
• Loan approval terms reference
• Execution and confirmation
Typical Use
• Company director resolutions
• Division 7A loans
• Shareholder or director loans
• Corporate record keeping
• Loan approval documentation
Download Details
• Professionally drafted legal precedent• Suitable for Australian use
• Fully editable Microsoft Word document
• Includes Editing Legal Documents Guide
• Instant download available immediately after purchase
Drafted by Legal Professionals
Our precedents are prepared by Australian legal practitioners and reflect commonly used legal drafting standards.
Practical and Easy to Use
Each template provides a structured framework that can be adapted to suit the specific transaction or matter.
Instant Access
Download immediately after purchase and edit the document in Microsoft Word to suit your requirements.
Related Precedents
Also Known As
This document may also be referred to as:
• Division 7A loan resolution
• Director loan approval resolution
• Company loan resolution
• Board resolution for loan
• Division 7A compliance resolution
Frequently Asked Questions
What is this resolution used for?
This resolution is used to formally approve a loan in accordance with Division 7A of the Income Tax Assessment Act 1936.
Does this document include loan terms?
No. The resolution refers to the terms set out in a separate loan agreement.
Who approves the resolution?
The resolution is approved by the board of directors of the company.
Is this a standalone document?
This document is typically used together with a Division 7A compliant loan agreement.
Resolution for Division 7A Loan Agreement – Instant Download
• Division 7A loan resolution template
• Board resolution format
• Suitable for company loan approvals
• Works with loan agreements
• Fully editable Microsoft Word document
• Instant download available immediately after purchase
Used by lawyers, businesses and commercial operators across Australia.
Download This Precedent
Instant download. Fully editable Microsoft Word format. Includes practical drafting guidance.