Division 7A agreement — once-off agreement (unsecured loan) This precedent has been authored by Amy Koit, Lecturer, University of Sydney Business School and updated by Jane Garber-Rosenzweig, Principal, Gable Lawyers. Previous versions of this were authored by Jenny Wily, Solicitor, Wily Legal and Consulting Pty Ltd. Introductory note This template deals with a single advance by a private company to a borrower. It does not deal with multiple advances by the private company to the same borrower. This template should only be used as a guide. Legal advice should be sought to tailor an agreement to the parties' individual circumstances. For a discussion about when a payment will and will not be treated as a dividend see  and .