Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A person (not being a group of related companies that is treated as a single person in accordance with section 21) who is a producer of automotive components may apply to the Secretary for registration as an ACP if:
(a) in the 12 months preceding the application:
(i) the person produced in Australia at least one kind of automotive component for use as original equipment in at least 30,000 motor vehicles or in at least 30,000 engines and the production value of such component was at least $500,000; or
(ii) the production value of the automotive components produced by the person in Australia as original equipment was at least $500,000 and comprised at least 50% of the production value of all automotive components produced by the person; or
(b) where paragraph (a) does not apply--the person is able to demonstrate, to the satisfaction of the Secretary, that in the 12 months following the application:
(i) the person is likely to produce in Australia at least one kind of automotive component for use as original equipment in at least 30,000 motor vehicles or at least 30,000 engines and the production value of such component will be at least $500,000; or
(ii) the production value of the automotive components produced by the person in Australia as original equipment is likely to be at least $500,000 and to comprise at least 50% of the production value of all automotive components produced by the person; or
(c) where neither paragraph (a) nor (b) applies--the person has been given permission by the Minister, under section 20, to apply for registration as an ACP.
(2) A person (being a group of related companies that is treated as a single person in accordance with section 21) who is a producer of automotive components may apply to the Secretary for registration as an ACP if:
(a) in the 12 months preceding the application:
(i) the person produced in Australia at least one kind of automotive component for use as original equipment in at least 30,000 motor vehicles or in at least 30,000 engines and the production value of such component was at least $500,000; and
(ii) the production value of the automotive components produced by the person in Australia as original equipment comprised at least 50% of the production value of all automotive components produced by the person; or
(b) where paragraph (a) does not apply--the person is able to demonstrate, to the satisfaction of the Secretary, that in the 12 months following the application:
(i) the person is likely to produce in Australia at least one kind of automotive component for use as original equipment in at least 30,000 motor vehicles or at least 30,000 engines and the production value of such component will be at least $500,000; and
(ii) the production value of the automotive components produced by the person in Australia as original equipment is likely to comprise at least 50% of the production value of all automotive components produced by the person; or
(c) where neither paragraph (a) nor (b) applies--the person has been given permission by the Minister, under section 20, to apply for registration as an ACP.
(3) An application under subsection (1) or (2) must be made in accordance with Division 5 and conform to any specifications set out in the regulations.
(4) The regulations may provide for the meaning of at least one kind of automotive component for the purposes of this Act.
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