VCM55200 - VCT: VCT qualifying holdings: independence requirement
ITA/S296(2)
The company must not be under the control of another company, or of another company and any other person or persons connected with that company (see VCM55210 and VCM55230 regarding the meaning of 바카라 사이트˜control바카라 사이트™ and 바카라 사이트˜connected바카라 사이트™). And there must not be any arrangements by virtue of which this rule could be breached, either currently or at any future date. (However, arrangements of the type described at VCM55290 are to be ignored).
This requirement prevents the VCT itself from controlling an investee company.