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Venture Capital Fund Act 2019

Contributions to VCF

13: Contributions to VCF

You could also call this:

"The Minister can add money to the Venture Capital Fund."

Illustration for Venture Capital Fund Act 2019

The Minister can put money into the Venture Capital Fund. You know that the Minister has the power to do this. The money goes into the VCF.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS210806.

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Topics:
Money and consumer rights > InvestingBusiness > Starting a businessBusiness > Industry rules
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12: Payments out of VCF, or

"Using Venture Capital Fund money for allowed costs and payments"

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14: Crown Entities Act 2004 provisions about acquisition of financial products, borrowing, guarantees, indemnities, and derivatives do not apply, or

"Special rules for the Venture Capital Fund that don't follow usual government investment rules"

13Contributions to VCF

  1. The Minister may pay any money into the VCF.