Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) In deciding, for the purposes of paragraph 13 - 1(1A)(c) or subsection 13 - 15(5), whether it is satisfied that a partnership's investment plan, or a replacement for a partnership's * approved investment plan, is appropriate, * Industry Innovation and Science Australia must take into account the extent to which the partnership focuses on early stage venture capital, having regard to:
(a) the stages of development of the entities in which the partnership proposes to invest; and
(b) the levels of cash flow of those entities; and
(c) the levels of technology of those entities; and
(d) the proportions of intellectual property to total assets of those entities; and
(e) the levels of risk and return of those entities; and
(f) the amount of tangible assets and collateral of those entities against which borrowings may be secured; and
(g) the requirements of this Act relating to an * ESVCLP making and holding investments; and
(h) whether the partnership's * committed capital can only be used in relation to early stage venture capital, and whether it can be transferred to other entities; and
(i) whether the investment plan is connected with other plans for investment that, if combined with the investment plan, would lead to the partnership exceeding the limit on * committed capital under subparagraph 9 - 3(1)(d)(ii); and
(j) any additional matters specified in guidelines made under subsection (2).
(2) * Industry Innovation and Science Australia may, by legislative instrument, make guidelines specifying additional matters that it must take into account in deciding, for the purposes of paragraph 13 - 1(1A)(c) or subsection 13 - 15(5), whether it is satisfied that:
(a) a partnership's investment plan is appropriate; or
(b) a replacement for a partnership's * approved investment plan is appropriate;
as the case requires.
(3) This section does not limit the matters that * Industry Innovation and Science Australia may take into account in deciding, for the purposes of paragraph 13 - 1(1A)(c) or subsection 13 - 15(5), whether it is satisfied that:
(a) a partnership's investment plan is appropriate; or
(b) a replacement for a partnership's * approved investment plan is appropriate;
as the case requires.
Table of sections
15 - 1 Annual return
15 - 5 Determination of further information to be included in returns
15 - 10 Quarterly returns
15 - 15 Further information may be requested
15 - 17 Annual reports for ESVCLPs
15 - 20 Other information may be requested