EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 - SECT 56A Expenses of over $10,000 paid in cash by applicant

Commonwealth Consolidated Acts

Expenses of over $10,000 paid in cash by applicant

Expenses of an applicant in respect of a grant year are excluded to the extent (if any) that:

(a) the applicant pays off the expenses by physically transferring currency to the persons to whom the expenses are payable; and

(b) the amount of the expenses is greater than $10,000.