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It also enables a number of loans over time to be governed by the one loan agreement. If you don't have an Acceleration clause then it is not a 'commercial' loan and can fall foul of the ATO. Legal publisher, RP Emery & Associates, provides legal templates and kits for the business community and individuals.
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A loan agreement is a written agreement between a lender and a borrower.
If you don't have an Acceleration clause then it is not a 'commercial' loan and can fall foul of the ATO.
Sally and XYZ Pty Ltd agree to convert the payment into a loan before the private company's lodgment day. You'll find a good one on GoodClause! An acceleration clauses is a particular term in a loan agreement, usually associated with mortgages.
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