Commonwealth Consolidated Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 - SECT 25A

             (1)  Subject to subsection (2), an event is an eligible event if:

                     (a)  the event is held in Australia; and

                     (b)  there is an events promoter for the event; and

                     (c)  the events promoter is not, in the opinion of the CEO of Austrade, closely related to the event holder; and

                     (d)  the event is not an event of a kind prescribed by the regulations for the purposes of this paragraph.

Note 1:       For event , event holder and events promoter see section 107.

Note 2:       Decisions whether events promoters are not closely related to event holders are subject to guidelines determined by the Minister under section 101.

             (2)  Despite subsection (1), a particular event that, apart from this subsection, would be an eligible event, is not such an event if the CEO of Austrade determines, in writing, having regard to all the facts available to him or her, that the Australian input in the event is not sufficient to ensure that Australia will derive a significant net benefit from the holding of the event.