Just a related question with regard to acquiring IPs in unit trust with SMSF and individuals as unitholders and the SMSF slowly acquire all the units lately. Is this allowed ? .

I was just reading a special report from Chris BAtten Investorone website – it seem that he is saying it is allowed.

But isnt when the SMSF acquire future units from related parties ( individuals )  that break SIS Act acquiring "assets" from related parties or am i missing sometime here.

Regards

Henry