Commonwealth Numbered Acts

POOLED DEVELOPMENT FUNDS ACT 1992

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Object  
   4.      Interpretation  
   5.      Establishment  
   6.      Functions  
   7.      Powers  
   8.      Directions by Minister  
   9.      Minister may require provision of advice  
   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  
   19.     Investments to be in accordance with this Division  
   20.     Kinds of investments permitted  
   21.     Intended use by investee company of money invested by PDF  
   22.     Investee company must mot be a PDF  
   23.     Primary activity of investee company must not be an excluded activity  
   24.     Limit on size of investee company  
   25.     PDF not to commit more than 20% of its committed capital to investee company  
   26.     PDF not to commit more than 5% of its committed capital to start-up companies  
   27.     Amount invested in investee company to be at least 10% of its paid-up capital  
   28.     Provisions relating to approvals by Board  
   29.     PDF to carry on a business of making and holding PDF investments  
   30.     Restrictions on raising money etc.  
   31.     Limit on shareholding in a PDF  
   32.     Timetable for investing funds raised by PDF  
   33.     PDF to comply with directions in relation to its approved investment plan  
   34.     PDF to comply with directions if investee company's primary activity is an excluded activity  
   35.     PDF to comply with other directions  
   36.     Shareholders to comply with directions about shareholdings in PDFs  
   37.     Board to advise of reasons for giving directions  
   38.     Acts in contravention of Part not invalid  
   39.     Board to monitor compliance  
   40.     Board to consider compliance on receipt of annual return  
   41.     Annual return by PDF  
   42.     PDF to notify Board of events affecting information previously given  
   43.     Board may require certain persons to provide information or produce documents  
   44.     Board may request persons to provide information or produce documents  
   45.     Automatic revocation if PDF is not an eligible corporation  
   46.     Revocation on application by PDF  
   47.     Revocation at discretion of Board  
   48.     Board to publish notice of revocations in the Gazette  
   49.     Company to notify its shareholders if it ceases to be a PDF  
   50.     Criminal consequences of contravening certain provisions  
   51.     Other offences  
   52.     False or misleading statements and documents  
   53.     Notification of certain decisions  
   54.     Notification of right to seek internal review  
   55.     Internal review of decisions  
   56.     Review of decisions by Administrative Appeals Tribunal  
   57.     Membership of Board  
   58.     Term of office  
   59.     Remuneration and allowances - appointed members  
   60.     Leave of absence  
   61.     Disclosure of interests  
   62.     Resignation - appointed members  
   63.     Termination of appointment - appointed members  
   64.     Other terms and conditions - appointed members  
   65.     Acting members  
   66.     Convening of meetings  
   67.     Procedure at meetings  
   68.     Staff  
   69.     Consultants  
   70.     Board to provide information about PDFs on request  
   71.     Secrecy  
   72.     Delegation by Board to a member  
   73.     Delegation by Board to a committee of members  
   74.     Acts done by Board  
   75.     Annual report  
   76.     Regulations