Commonwealth Consolidated Acts(1) Subject to subsections (2) and (3), this Division applies to a person (other than an approved body, approved joint venture or approved trading house) that applies for a grant in respect of a grant year unless:
(a) the person is a grantee in respect of any previous grant year; or
(b) the person's application for a grant in respect of the immediately preceding grant year is pending.
Note: For person and grantee see section 107.
(2) If the person applies for a grant in the capacity of trustee of a trust estate, then, for the purposes of subsection (1), disregard:
(a) any grant previously paid or payable to the person; and
(b) any application for a grant made by the person;
otherwise than in that capacity.
(3) If the person applies for a grant in the person's own right, then, for the purposes of subsection (1), disregard:
(a) any grant previously paid or payable to the person; and
(b) any application for a grant made by the person;
in the capacity of trustee of a trust estate.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]