Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

BOUNTY (COMPUTERS) ACT 1984 No. 113 of 1984 - SECT 12

Advances on account of bounty
12. (1) An advance on account of bounty may be made to a person on such terms
and conditions as are approved by the Minister in writing.

(2) If, at the expiration of an accounting period of a manufacturer of
bountiable equipment, the manufacturer has received, by way of advances on
account of bounty that may become payable to the manufacturer during that
period, an amount greater than the amount of bounty that became payable to the
manufacturer during that period, the manufacturer is liable to repay to the
Commonwealth the amount of the excess.

(3) If a person receives, by way of advances on account of bounty in respect
of particular bountiable equipment, an amount greater than the amount of
bounty payable to the person in respect of that bountiable equipment, the
person is liable to repay to the Commonwealth the amount of the excess.

(4) If a person receives an amount by way of advances on account of bounty
that may become payable to the person and the bounty does not become payable
to the person, the person is liable to repay to the Commonwealth the amount so
received. 


[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]