House of Representatives
Tax Laws Amendment (2007 Measures No. 2) Bill 2007
Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Peter Costello MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
|---|---|
| ABS | Australian Bureau of Statistics |
| AFOFs | Australian venture capital funds of funds |
| ATO | Australian Taxation Office |
| CGT | capital gains tax |
| Commissioner | Commissioner of Taxation |
| DGR | deductible gift recipient |
| ESVCLP | early stage venture capital limited partnerships |
| GST | goods and services tax |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| JORC Code | the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves |
| PDF Act | Pooled Development Funds Act 1992 |
| PDFs | pooled development funds |
| R & D | research and development |
| VC Act | Venture Capital Act 2002 |
| VCLP | venture capital limited partnerships |
| VCR Board | Venture Capital Registration Board |