Document ID: chunk:federal_register_of_legislation:C2011C00519:clause:12_28
Version: federal_register_of_legislation:C2011C00519
Segment Type: clause
Provision Reference: sch 12 cl 28
Character Range: 329779–330893

28  Subsections 21(1) and (2)
Repeal the subsections, substitute:

 (1) The Board may, by resolution, delegate to the Chairperson, another member or a member of the staff assisting the Board, all or any of its functions and powers, other than its functions or powers:
 (a) for PDFs—to make or revoke registration declarations under the Pooled Development Funds Act 1992; and
 (b) to register entities or revoke registration under Part 7A of the Pooled Development Funds Act 1992; and
 (c) to register limited partnerships as VCLPs, ESVCLPs or AFOFs or revoke registration under Part 2 of the Venture Capital Act 2002; and
 (d) to approve ESVCLPs' investment plans, and their replacement plans, under Part 2 of the Venture Capital Act 2002; and
 (e) to register entities as eligible venture capital investors or revoke registration under Part 3 of the Venture Capital Act 2002; and
 (f) to make determinations under Part 4 of the Venture Capital Act 2002.

 (2) The Board may, by resolution, delegate to a committee all or any of its functions and powers (including those referred to in paragraphs (1)(a) to (f)).