Venture Capital Act 2002
PART 2
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REGISTRATION OF LIMITED PARTNERSHIPS
Division 15
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Obligations while registered
SECTION 15-1
15-1
ANNUAL RETURN
A *general partner of a partnership registered under this Part as a *VCLP, an *ESVCLP or an *AFOF must, within 3 months after the end of each *financial year, give *Industry Innovation and Science Australia a written return that includes the following information: (a) the name and address of each partner, and that partner ' s residency status at the end of the financial year (including details of changes to that status during the year); (b) in relation to each partner claiming to be tax exempt - details of the facts that qualify the partner to be tax exempt in his or her country of residence; (c) details of:
View history note
Hide history noteA *general partner of a partnership registered under this Part as a *VCLP, an *ESVCLP or an *AFOF must, within 3 months after the end of each *financial year, give *Industry Innovation and Science Australia a written return that includes the following information: (a) the name and address of each partner, and that partner ' s residency status at the end of the financial year (including details of changes to that status during the year); (b) in relation to each partner claiming to be tax exempt - details of the facts that qualify the partner to be tax exempt in his or her country of residence; (c) details of:
(i) the amount of each partner ' s *committed capital in the partnership; and
(d) details of any variation made to the partnership agreement during the year; (e) details of:
(ii) any acquisitions or disposals of a partner ' s *equity interests in the partnership during the year including any consideration given or received for that acquisition or disposal;
(i) investments the partnership made during that year; and
(ii) investments the partnership owns at the end of that year; and
(f) if the partnership is registered under this Part as a VCLP - a statement from a general partner as to whether the partnership met the *registration requirements of a VCLP throughout the financial year; (fa) if the partnership is registered under this Part as an ESVCLP - a statement from a general partner as to whether the partnership met the *registration requirements of an ESVCLP throughout the financial year; (g) if the partnership is registered under this Part as an AFOF - a statement from a general partner as to whether the partnership met the *registration requirements of an AFOF throughout the financial year; (ga) for an investment in a company that the partnership held throughout the financial year - a statement from a general partner as to whether the company met the requirements of subsections 118-425(3) , (4) , (4A) and (5) of the Income Tax Assessment Act 1997 at all times during that year; (gb) for an investment in a unit trust that the partnership held throughout the financial year - a statement from a general partner as to whether the unit trust met the requirements of subsections 118-427(4) , (5) , (5A) and (6) of the Income Tax Assessment Act 1997 at all times during that year; (h) such further information as Industry Innovation and Science Australia determines under section 15-5 .
(iii) disposals of investments during that year including any profits derived or losses incurred from that disposal;
Note:
Part 7.4 of the Criminal Code creates offences for making false or misleading statements, giving false or misleading information and producing false or misleading documents.
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