15‑1 Annual return15‑1 Annual return

15‑1 Annual return

A *general partner of a partnership registered under this Part as a *VCLP, an *ESVCLP or an *AFOF must, within 3 months after the end of each *financial year, give *Industry Innovation and Science Australia a written return that includes the following information: (a) the name and address of each partner, and that partner’s residency status at the end of the financial year (including details of changes to that status during the year); (b) in relation to each partner claiming to be tax exempt—details of the facts that qualify the partner to be tax exempt in his or her country of residence; (c) details of: (i) the amount of each partner’s *committed capital in the partnership; and (ii) any acquisitions or disposals of a partner’s *equity interests in the partnership during the year including any consideration given or received for that acquisition or disposal; (d) details of any variation made to the partnership agreement during the year; (e) details of: (i) investments the partnership made during that year; and (ii) investments the partnership owns at the end of that year; and (iii) disposals of investments during that year including any profits derived or losses incurred from that disposal; (f) if the partnership is registered under this Part as a VCLP—a statement from a general partner as to whether the partnership met the *registration requirements of a VCLP throughout the financial year; (fa) if the partnership is registered under this Part as an ESVCLP—a statement from a general partner as to whether the partnership met the *registration requirements of an ESVCLP throughout the financial year; (g) if the partnership is registered under this Part as an AFOF—a statement from a general partner as to whether the partnership met the *registration requirements of an AFOF throughout the financial year; (ga) for an investment in a company that the partnership held throughout the financial year—a statement from a general partner as to whether the company met the requirements of subsections 118‑425(3), (4), (4A) and (5) of the Income Tax Assessment Act 1997 at all times during that year; (gb) for an investment in a unit trust that the partnership held throughout the financial year—a statement from a general partner as to whether the unit trust met the requirements of subsections 118‑427(4), (5), (5A) and (6) of the Income Tax Assessment Act 1997 at all times during that year; (h) such further information as Industry Innovation and Science Australia determines under section 15‑5.

Note: Part 7.4 of the Criminal Code creates offences for making false or misleading statements, giving false or misleading information and producing false or misleading documents.