Commonwealth Consolidated Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 - SECT 47

             (1)  This section applies if:

                     (a)  on one or more occasions after applying for a grant in respect of a grant year, but before the CEO of Austrade determines whether the applicant is entitled to the grant, an applicant discloses to the CEO eligible expenses ( undisclosed expenses ) that were not disclosed in the application; and

                     (b)  the total amount of the undisclosed expenses is more than 10% of the amount of the eligible expenses disclosed in the application ( disclosed expenses ).

             (2)  The undisclosed expenses of the applicant are excluded to the extent to which they exceed 10% of the disclosed expenses.