Document ID: chunk:federal_register_of_legislation:C2024C00617:body:0:p12
Version: federal_register_of_legislation:C2024C00617
Segment Type: other
Provision Reference: 
Character Range: 30749–33616

not, if it was conditionally registered, meet the registration requirements of a VCLP within the period specified under subsection 13‑10(3); or
 (d) has had a previous registration revoked under Division 17.
 (1A) *Industry Innovation and Science Australia may conditionally register the partnership as an *ESVCLP if:
 (a) a *general partner has applied for registration as an ESVCLP; and
 (b) one or more of the following applies:
 (i) the application for registration does not meet the requirements under section 11‑1;
 (ii) any further information requested under section 11‑10 has not been provided;
 (iii) the partnership does not meet the *registration requirements of an ESVCLP;
unless Industry Innovation and Science Australia is satisfied that the partnership:
 (c) would not, if it was conditionally registered, meet the registration requirements of an ESVCLP within the period specified under subsection 13‑10(3); or
 (d) has had a previous registration revoked under Division 17.
 (2) *Industry Innovation and Science Australia may conditionally register the partnership as an *AFOF if:
 (a) a *general partner has applied for registration as an AFOF; and
 (b) one or more of the following applies:
 (i) the application for registration does not meet the requirements under section 11‑1;
 (ii) any further information requested under section 11‑10 has not been provided;
 (iii) the partnership does not meet the *registration requirements of an AFOF;
unless Industry Innovation and Science Australia is satisfied that the partnership:
 (c) would not, if it was conditionally registered, meet the registration requirements of an AFOF within the period specified under subsection 13‑10(3); or
 (d) has had a previous registration revoked under Division 17.
 (3) Conditional registration under this section does not mean that the partnership is registered under this Part as a *VCLP, an *ESVCLP or an *AFOF.

13‑10  When registration is in force
 (1) Registration of the partnership as a *VCLP, an *ESVCLP or an *AFOF comes into force on the day on which registration under section 13‑1 was granted.
 (2) However, if conditional registration of the partnership had been granted under section 13‑5 and was in force on the day on which registration under section 13‑1 was granted:
 (a) for the purposes of this Act and the Income Tax Assessment Act 1936, registration of the partnership as a *VCLP, an *ESVCLP or an *AFOF is taken to have come into force on:
 (i) if, since its establishment, the partnership has only carried on activities related to becoming registered as a VCLP, an ESVCLP or an AFOF—the day on which it was established; or
 (ii) otherwise—the day on which the conditional registration was granted;
  and the partnership is taken, for the purposes of this Act and that Act, to have been *unconditionally registered from the day; and
 (b) for