Commonwealth Consolidated Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 - SECT 27

             (1)  Know‑how is eligible know‑how if the CEO of Austrade is satisfied that it resulted to a substantial extent from research or work done in Australia.

             (2)  In subsection (1):

"know-how" means private knowledge, information or expertise relating to commercial or industrial operations that:

                     (a)  is of commercial value; and

                     (b)  is imparted for the purpose of enabling the recipient to carry out a particular activity.