Commonwealth Numbered Acts

BOUNTY (SHIPS) ACT 1989 No. 69 of 1989 - SECT 9

9. (1) Bounty is not payable in respect of the construction or modification of
a bountiable vessel that the Comptroller is satisfied was, or will be, upon
completion of that construction or modification, and after 1 July 1990,
exported, either directly or indirectly through another country or other
countries, to New Zealand.

(2) Subject to subsection (3), bounty is not payable in respect of a
bountiable vessel that is constructed or modified by or for the Commonwealth
or a Commonwealth authority.

(3) Subsection (2) shall not be taken to apply in any circumstances where the
Commonwealth or a Commonwealth authority is the legal owner of a vessel as
constructed or modified by reason of the Commonwealth or that authority having
entered into an arrangement to provide funds for the construction or
modification to a person, other than a Commonwealth authority, who has a
beneficial interest in the vessel.

(4) Bounty is not payable on the construction of a vessel if bounty has been
paid in respect of that construction under the Ship Construction Bounty Act
1975 or the Bounty (Ships) Act 1980.

(5) Bounty is not payable on the modification of a vessel if bounty has been
paid in respect of that modification under the Ship Construction Bounty Act
1975, the Bounty (Ships) Act 1980 or the Bounty (Ship Repair) Act 1986.