Commonwealth Consolidated Acts(1) The Board shall not authorize a grant to a company under Division 1, or enter into an agreement with a company under Division 2, unless the company desiring to obtain a grant has made application in writing to the Board.
(2) Subject to the regulations, an application shall be in accordance with a form approved by the Board.
(3) An application shall be deemed not to have been made until it has been received on behalf of the Board by a member of the staff assisting the Board or by a person appointed by the Board to receive applications.
(3A) An application by a company for a commencement grant in respect of the grant year that ended on 30 June 1983 or any subsequent grant year shall be deemed not to have been made unless:
(a) it is received as mentioned in subsection (3) on or before the first relevant date next after the end of that grant year; or
(b) on or before the first relevant date next after the end of that grant year, the company has given the Board notice in writing stating that it will be unable to make an application for a commencement grant in respect of that grant year on or before that date and the application is received as mentioned in subsection (3) on or before the second relevant date next after the end of that grant year.
(3B) A notice for the purposes of paragraph (3A)(b) shall be deemed not to have been given until it has been received on behalf of the Board by a member of the staff assisting the Board or by a person appointed by the Board to receive such notices.
(3C) An application by a company for a commencement grant in respect of the grant year that ended on 30 June 1981 or any previous grant year shall be deemed not to have been made unless it was received as mentioned in subsection (3) on or before 17 August 1982.
(4) The Board may refuse to consider an application unless the applicant furnishes such further information, or makes available to the Board such books or records, as the Board specifies, being information, books or records that the Board requires for the performance of its functions under this Act, including the preparation of a report of the Board under section 40.
(5) Subject to any direction of the Minister under section 19, the order in which the Board deals with applications for commencement grants, or advances in respect of commencement grants, is in the discretion of the Board.
(6) Subsection 19(3) does not apply in relation to a direction of the Minister referred to in subsection (5) of this section.
(7) In subsection (3A):
"first relevant date" means 30 September or such later date as is prescribed.
"second relevant date" means 30 November or such later date as is prescribed.
(8) Regulations prescribing a date for the purposes of subsection (7):
(a) shall specify the grant year in respect of which they apply; and
(b) may be made before, on or after that date.
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