Commonwealth Consolidated Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 - SECT 9

Application made in applicant's own right

             (1)  If:

                     (a)  a person has applied for a grant in respect of a grant year; and

                     (b)  the applicant is neither an approved body nor an approved trading house; and

                     (c)  the application is made in the applicant's own right; and

                     (d)  the applicant is a grantee in respect of 2 or more previous grant years; and

                     (e)  the application sets out a statement that the applicant chooses grants option B in relation to the grant year;

the CEO of Austrade must decide whether the applicant meets the Australian net benefit requirements in relation to the grant year.

Note:          The Australian net benefit requirements are the requirements determined under section 10.

Application made in applicant's capacity as trustee

             (2)  If:

                     (a)  a person has applied for a grant in respect of a grant year; and

                     (b)  the applicant is neither an approved body nor an approved trading house; and

                     (c)  the application is made in the applicant's capacity as trustee of a trust estate; and

                     (d)  the applicant is a grantee in respect of 2 or more previous grant years; and

                     (e)  the application sets out a statement that the applicant chooses, in the applicant's capacity as trustee of the trust estate, grants option B in relation to the grant year;

the CEO of Austrade must decide whether the applicant, in that capacity, meets the Australian net benefit requirements in relation to the grant year.

Note:          The Australian net benefit requirements are the requirements determined under section 10.