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

Schedule 8   Venture capital

Part 1   Venture capital limited partnerships

Income Tax Assessment Act 1997

42   Paragraph 118-425(11)(d)

Repeal the paragraph, substitute:

(d) within that period of 6 months and after the end of that period:

(i) the other company meets the requirements of subsections (2) to (7); or

(ii) the unit trust meets the requirements of subsections 118-427(3) to (8);

as the case requires.