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

Schedule 8   Venture capital

Part 2   Early stage venture capital limited partnerships

Venture Capital Act 2002

179   Subsection 13-1(5)

Repeal the subsection, substitute:

(5) The *Venture Capital Registration Board cannot register the partnership:

(a) both as a *VCLP and as an *ESVCLP; or

(b) both as a VCLP and as an *AFOF; or

(c) both as an ESVCLP and as an AFOF; or

(d) as a VCLP, as an ESVCLP and as an AFOF.