FILM LICENSED INVESTMENT COMPANY ACT 1998
Table of Provisions
PART 1--PRELIMINARYýÜ
- 1 Short title
- 2 Commencement
- 3 Overview
- 4 Objects of the pilot scheme
- 5 Extraterritorial operation
- 6 Definitions
- 7 Application of the Criminal Code
PART 2--THE PILOT SCHEME
- 8 Overview of Part
- 9 Application rules
- 10 Minister must determine decision-making criteria and procedures
- 11 Rounds of applications
- 12 Applications
- 13 Further information
- 14 Minister to determine number of licences to be granted and amount of
- 15 Conditions on grant of licence
- 16 Grant of concessional capital licence
- 17 Form of licence
- 18 Minister is to have regard to recommendations of Selection Advisory
- 19 Notice of refusal to grant licence
- 20 Term of licence
- 21 General
- 22 Conditions in a disallowable instrument
- 23 Fundraising conditions
- 24 Investment conditions
- 25 Film conditions
- 26 Preconditions and conditions in the Minister's determination under
- 27 Ownership condition
- 28 Other conditions
- 29 Minister to notify FLIC of suspected breach of conditions
- 30 Minister may seek information
- 31 Minister must consider FLIC's submission and information
- 32 Powers of the Minister in relation to breaches of conditions
- 33 Revocation of licence
- 34 Reporting requirements
- 35 False or misleading statement
- 36 Provision of information to the Commissioner of Taxation
- 37 Minister may determine allowable percentage for administrative
- 38 Transfer of licence void
PART 3--OFFENCES CONCERNING OWNERSHIP RESTRICTIONS
- 39 Meaning of terms used in this Part
- 40 Acquisitions of shares
- 41 Anti-avoidance
PART 4--GENERAL ADMINISTRATIVE MATTERS OF THE SCHEME
- 42 Review of decisions
- 43 Disallowable instruments
- 44 Delegation
