Venture Capital Fund Bill

  • enacted
19 Outline of Act

This Act—

(a)

establishes the Venture Capital Fund (the VCF):

(b)

provides for payments into and out of the VCF:

(c)

provides for the Guardians of New Zealand Superannuation to manage and administer the VCF:

(d)

requires the Guardians to invest the VCF in New Zealand’s venture capital markets:

(e)

empowers the Minister to give certain directions to the Guardians in respect of the VCF:

(f)

provides for other matters relating to the VCF.