Tax Laws Amendment (2007 Measures No. 2) Act 2007 (78 of 2007)

Schedule 8   Venture capital

Part 2   Early stage venture capital limited partnerships

Income Tax Assessment Act 1997

138   At the end of section 118-440

Add:

(9) The amount in relation to a proposed investment is:

(a) if an *ESVCLP is to make the proposed investment - $50 million; or

(b) in any other case - $250 million.