Venture Capital Fund Act 2019

Investment of VCF

16: Responsibility for investing

You could also call this:

"Who decides how to invest the Venture Capital Fund's money"

Illustration for Venture Capital Fund Act 2019

The Guardians are in charge of investing the Venture Capital Fund. You can think of the Guardians as the people who make decisions about how to use the money in the fund. They have the responsibility of investing the fund.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS226830.

This page was last updated on 13 December 2025 — View changes

Topics:

Money and consumer rights > InvestingBusiness > InvestmentBusiness > Industry rules

15: Borrowing, or

"Guardians need approval to borrow money or make big financial decisions"

17: Guardians must use best-practice investment management, or

"Guardians must invest the fund wisely using good rules"

16Responsibility for investing

The Guardians are responsible for investing the VCF.

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2001 No 84 s 58(1)