An in-house asset is a loan to or investment in a related party, an investment in a related trust, or an asset leased to a related party, excluding life policies, ADI deposits, arm's length pooled superannuation trust investments and certain other listed exclusions (s 71(1)). A trustee is barred from acquiring a further in-house asset once the fund's in-house asset market value ratio already tops 5%, and barred from one that would push the ratio past 5%; this extends to any investment, loan, lease or lease arrangement that would itself become an in-house asset (s 83(1)-(4)).
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.