Pooled Development Funds Registration Board
PDF Registration Board · PDF Board
1992 – 2002
Renamed Venture Capital Registration Board in 2002.
Statutory board that registered and regulated pooled development funds, the tax-advantaged investment companies that provided patient equity capital to small and medium-sized Australian businesses.
Names over time
- Pooled Development Funds Registration Board1992–2002
- Venture Capital Registration Board2002–2007
How it came into existence
Established by the Pooled Development Funds Act 1992 (assented to on 30 June 1992), which set up the pooled development funds program announced in the One Nation statement of February 1992 and created the board, referred to in the legislation as the PDF Registration Board or PDF Board, to register and monitor the funds.
- Government-supported venture capital investment scheme with tax concessions for investors
Legislation: Pooled Development Funds Act 1992
How it ended
Renamed the Venture Capital Registration Board after it took on the registration of venture capital limited partnerships under the Venture Capital Act 2002 (assented to on 19 December 2002). The date of the change of name has not been confirmed: the Venture Capital Act as made still refers to the PDF Board.
Main functions
- Registration of pooled development funds
- Monitoring compliance of pooled development funds with the Act
- Advice to the minister on the operation of the Act
- Promotion of the pooled development funds program
Where it sits
Last in the portfolio of Department of Industry, Tourism and Resources.
Lineage
Loading lineage…
Sources
Some dates or links for this organisation are uncertain. Corrections are welcome.