Venture Capital Fund Act 2019

Other provisions about policy statement and directions

33: Amendment or replacement of policy statement or directions

You could also call this:

"Changing or Replacing Rules or Guidelines"

Illustration for Venture Capital Fund Act 2019

You can change or replace a policy statement made under section 19 or a direction made under section 31 or 41(1)(h). This is done in the same way as the policy statement or direction was originally made. You follow the same process to amend or replace it as you did to create it.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS226841.

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32: Process for directions for winding up, or

"How the Minister decides to close the Venture Capital Fund"


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34: Amendment or replacement of policy statement or directions does not affect existing matters, or

"Changing rules does not affect existing investments or agreements."

33Amendment or replacement of policy statement or directions

  1. The policy statement under section 19 or a direction under section 31 or 41(1)(h) may be amended or replaced in the same way as it may be given.