Variable Capital Companies Act 2018
Provides for the incorporation, operation and regulation of bodies corporate to be known as variable capital companies (VCCs) and to provide for related matters.
Last updated 29 January 2026
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Background
The Variable Capital Companies Act 2018 provides for the incorporation, operation, and regulation of VCCs.
A VCC is a type of business structure that can be used for a wide range of investment funds and provides fund managers with greater operational flexibility and cost savings.
View subsidiary legislation under the VCC Act
Related amendment acts
Amendment acts update and improve the original law. Here are the amendments made to this Act:
Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023
This Act permanently provided variable capital companies with the option to conduct fully virtual or hybrid meetings, consistent with amendments that had been made to the Companies Act.
Variable Capital Companies (Miscellaneous Amendments) Act 2019
This Act amended the Variable Capital Companies Act 2018 and other Acts in connection with the Insolvency, Restructuring and Dissolution Act 2018.
More details: Variable Capital Companies (Miscellaneous Amendments) Act 2019