Commonwealth Numbered Acts

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VENTURE CAPITAL ACT 2002 No. 137, 2002 - SECT 11.15

Period within which application must be decided
(1)
Subject to this section, the * PDF Board must decide an application for registration or conditional registration under this Part within 60 days after receiving it.

(2)
If the * PDF Board thinks that it will take longer to decide the application, the PDF Board may extend, by up to 60 days, the period for deciding it.

(3)
An extension must be made by written notice given to a * general partner within 60 days after the * PDF Board receives the application.

(4)
If the * PDF Board extends the period, the PDF Board must decide the application within the extended period.

Table of sections

13-1 Registration
13-5 Conditional registration
13-10 When registration is in force



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