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Pooled Development Funds Act 1992

No. 100, 1992

Compilation No. 27

Compilation date: 14 October 2024

                Includes amendments: Act No. 39, 2024

About this compilation

This compilation

This is a compilation of the Pooled Development Funds Act 1992 that shows the text of the law as amended and in force on 14 October 2024 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
1 Short title
2 Commencement
3 Object of the Act
4 Interpretation
4A Definition of widely‑held complying superannuation fund
4B Application of the Criminal Code
Part 3—Becoming a PDF
10 How a company becomes a PDF
11 Application for registration declaration
12 Further information may be requested
13 Period within which registration application to be decided
14 Deciding a registration application
15 Applicant to be notified of decision
16 Board to publish notice of registration declaration in the Gazette
17 A PDF's approved investment plan
18 Conditions of registration declaration
Part 4—Regulation of PDFs
Division 1—Making investments
19 Investments to be in accordance with this Division
20 First kind of allowed investment: acquiring shares
20A Second kind of allowed investment: acquiring non‑transferable options
20B Third kind of allowed investment: lending money to existing investee companies
21 Intended use by investee company of money invested by PDF
22 Investee company must not be a PDF
23 Primary activity of investee company must not be an