Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 214.35

    A * PDF's venture capital sub - account balance at a particular time is:

  (a)   if the PDF has a * venture capital surplus or a * venture capital deficit at that time--the amount of the surplus or deficit; or

  (b)   if the entity does not have a venture capital surplus or a venture capital deficit at that time--nil.