---
title: "Build an SMSF related-party NALI and NALE table from the accounts"
url: "https://ailawframework.com/practice/superannuation/build-a-related-party-income-and-expenditure-table-for-the-fund/commonwealth"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A27-T1-R13-CTH"
practice_area: "Superannuation"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["CTH"]
last_reviewed: "2026-09-23"
---

# Build an SMSF related-party NALI and NALE table from the accounts

> From the accounts and related-party contracts, list dealings that may not be arm's length under s 295-550 of the ITAA 1997, with the documents and pricing evidence on each row.

Canonical page: https://ailawframework.com/practice/superannuation/build-a-related-party-income-and-expenditure-table-for-the-fund/commonwealth  
Last reviewed: 2026-09-23

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Superannuation](https://ailawframework.com/practice/superannuation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | From the accounts and related-party contracts, list dealings that may not be arm's length under s 295-550 of the ITAA 1997, with the documents and pricing evidence on each row. |
| What the lawyer must review | Apply NALI/NALE as amended in 2024 (general-expense NALI capped at twice the difference) Confirm the current PCG 2020/5 and any class ruling Check the characterisation and the text on legislation.gov.au |
| Written for | Commonwealth |
| Applies to | [Build a related-party income and expenditure table for the fund](https://ailawframework.com/practice/superannuation/build-a-related-party-income-and-expenditure-table-for-the-fund.md) |

## Checking plan

**Lawyer review required**

The responsible lawyer reviews the work against the instructions, sources and intended use.

- What the AI does: Potential support includes preparing preliminary structure or wording and summarising source material. Confirm the tool’s capability and permitted scope.
- What the lawyer does: Set the scope, verify the evidence, resolve exceptions and approve the final output for its intended use.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Suggested checking approach based on the task guidance. Complete the assessment for the actual tool, information and jurisdiction.
- Why: The plan reflects the described work and review requirements. Policy colours are not used to determine permission or checking.

## Checks the lawyer makes

1. Open each relied-on authority independently. Confirm its existence, current status, proposition and any quotation or pinpoint reference.
2. Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
3. Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
4. Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.

## Notes

- Confirm the required checking with the responsible lawyer before work starts. The checking approach does not establish permission to use AI.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*