Tax Laws Amendment (2004 Measures No. 3) Act 2004 (105 of 2004)
Schedule 1 Venture capital
Part 2 Venture Capital Act amendments
Venture Capital Act 2002
15 At the end of section 15-10
Add:
; and (c) for each investment in a company made during the quarter - a statement from a general partner as to whether the company met the requirements of subsections 118-425(3), (4) and (5), and paragraph 118-425(11)(d), of the Income Tax Assessment Act 1997 at all times during the quarter after the investment was made; and
(d) for each disposal of an investment in a company during the quarter - a statement from a general partner as to whether the company met those requirements at all times during the quarter up to the day of disposal.