Document ID: chunk:federal_register_of_legislation:C2024C00617:body:0:p26
Version: federal_register_of_legislation:C2024C00617
Segment Type: other
Provision Reference: 
Character Range: 67806–70852

(1)(b) or (e), *Industry Innovation and Science Australia must specify in the determination a period for the purposes of paragraph 118‑425(14B)(c) or 118‑427(15A)(c) of the Income Tax Assessment Act 1997, as the case requires.
 (2) An application under this section must be in the *form approved by Industry Innovation and Science Australia.
 (3) In considering whether to make a determination, *Industry Innovation and Science Australia must apply the principles specified under subsection (4).
 (4) *Industry Innovation and Science Australia may, by legislative instrument, make principles about making determinations under this section.
 (5) If *Industry Innovation and Science Australia makes a determination under subsection (1), Industry Innovation and Science Australia must notify the *general partner as soon as practicable after the determination is made.
 (6) If *Industry Innovation and Science Australia refuses to make a determination, Industry Innovation and Science Australia must:
 (a) notify the *general partner as soon as practicable after the refusal; and
 (b) provide reasons for the refusal.

Part 5—Review of decisions

Division 29—Review of decisions

Table of sections
29‑1 Decisions reviewed
29‑5 Notification of right to seek internal review
29‑10 Internal review of decisions
29‑15 Review of decisions by Administrative Review Tribunal

29‑1  Decisions reviewed
  The following decisions of *Industry Innovation and Science Australia are reviewable under this Part:
 (aa) decisions under section 9‑4 refusing to allow a partner's *committed capital in a partnership to exceed 30% of the partnership's committed capital;
 (a) decisions under subsection 9‑10(3) allowing, or refusing to allow, a longer period for the purposes of paragraph 9‑10(1)(b) for repayment of a *permitted loan;
 (b) decisions under section 13‑1 refusing to register a *limited partnership as a *VCLP, an *ESVCLP or an *AFOF under Part 2;
 (c) decisions under section 13‑5 refusing to register conditionally a limited partnership as a VCLP, an ESVCLP or an AFOF;
 (d) decisions under section 17‑1, 17‑5 or 17‑10 revoking a registration under Part 2;
 (e) decisions under subsection 17‑1(2) determining a period within which *investment registration requirements must be met;
 (f) decisions under section 21‑5 refusing to register an entity as an *eligible venture capital investor under Part 3;
 (g) decisions under section 21‑25 revoking a registration under Part 3;
 (h) decisions under section 25‑5 determining a shorter period, or refusing to make such a determination; or
 (i) decisions under section 25‑10 or 25‑15 refusing to make a determination;
 (j) decisions under subsection 25‑15(1A) specifying a period;
 (k) decisions under section 362‑25 in Schedule 1 to the Taxation Administration Act 1953 making a *private ruling, or decisions refusing to make a private ruling under that section;
 (l) decisions under section 362‑60 in Schedule 1 to that Act withdrawing a private ruling;
 (m) decisions under subsection 118‑432(2) of the