Question regarding the actual admin for amalgamated loans for Div7A. Scenario: 1 July 2023 - Bucket company lends 100k to Family Trust (bucket company is a beneficiary of the Trust). 1 Aug 2023 - Bucket company is entitled to 50k of the Family Trust income for FY22 (Trustee becomes aware of what the actual amount is by this date.) 30 June 2024 - Family Trust t'tee decides to take the UPE route for the FY23 trust distribution and does not repay the 100k i.e. Div 7A arises Both the 100k and 50k will require Div 7A loans in place before the Bucket Company/Trust lodge their FY24 tax return in May 2025 but do they need separate loan agreements for each or a single loan agreement for 150k for total borrowings over FY24?