SMSF and moving overseas - implications?

We currently have a smsf. We have heard that if we move overseas for no more than 2 years then we can still keep our smsf in Australia. But, we have also heard that this rule has been relaxed in the 2008 budget. Does anyone know whether this is so? Thanks in advance!

ATO has issued a draft ruling regarding this:

For a self-managed super fund to receive tax concessions, it must be a complying super fund and must satisfy a residency test.
Residency of self-managed super funds
Published: 04 Jun 2008

Options you have if permanently leaving:

1. Liquidate investments and rollover to a retail / industry fund
2. Appoint an 'approved trustee'
3. Put in place powers of attorney specifically covering the decision making /trusteeship of your SMSF

Discuss options with your adviser / accountant / auditor

Attached Images

tr2008-d005.pdf (324.9 KB, 1 views)

Thank you, superman, for your reply! I have also received the same ATO draft ruling on the subject. We are waiting to see what comments the ATO will receive on this.