Clause 11

by deleting subsection (2C) and substituting the following subsections:“(2C) The Minister or such person as the Minister may appoint may, subject to such conditions as the Minister or person may impose, approve a venture company as an approved venture company for the purposes of this section.(2D) No approval may be granted to a venture company on or after 1 April 2020.”; and

by deleting the definition of “approved” in subsection (18).