Venture Capital Act 2002
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Hide history note*Industry Innovation and Science Australia may conditionally register the partnership as a *VCLP if: (a) a *general partner has applied for registration as a VCLP; and (b) one or more of the following applies:
(i) the application for registration does not meet the requirements under section 11-1 ;
(ii) any further information requested under section 11-10 has not been provided;
(iii) the partnership does not meet the *registration requirements of a VCLP;
unless Industry Innovation and Science Australia is satisfied that the partnership:
(c) would not, if it was conditionally registered, meet the registration requirements of a VCLP within the period specified under subsection 13-10(3) ; or (d) has had a previous registration revoked under Division 17 .13-5(1A)
*Industry Innovation and Science Australia may conditionally register the partnership as an *ESVCLP if: (a) a *general partner has applied for registration as an ESVCLP; and (b) one or more of the following applies:
(i) the application for registration does not meet the requirements under section 11-1 ;
(ii) any further information requested under section 11-10 has not been provided;
(iii) the partnership does not meet the *registration requirements of an ESVCLP;
unless Industry Innovation and Science Australia is satisfied that the partnership:
(c) would not, if it was conditionally registered, meet the registration requirements of an ESVCLP within the period specified under subsection 13-10(3) ; or (d) has had a previous registration revoked under Division 17 .13-5(2)
*Industry Innovation and Science Australia may conditionally register the partnership as an *AFOF if: (a) a *general partner has applied for registration as an AFOF; and (b) one or more of the following applies:
(i) the application for registration does not meet the requirements under section 11-1 ;
(ii) any further information requested under section 11-10 has not been provided;
(iii) the partnership does not meet the *registration requirements of an AFOF;
unless Industry Innovation and Science Australia is satisfied that the partnership:
(c) would not, if it was conditionally registered, meet the registration requirements of an AFOF within the period specified under subsection 13-10(3) ; or (d) has had a previous registration revoked under Division 17 .13-5(3)
Conditional registration under this section does not mean that the partnership is registered under this Part as a *VCLP, an *ESVCLP or an *AFOF.
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