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BOUNTY (ELECTRIC MOTORS) ACT 1984 No. 112 of 1984 - SECT 10
Specification of bounty
10. (1) Bounty is payable in accordance with this Act on the production in
Australia of bountiable motors.
(2) Bounty in respect of a bountiable motor is payable to the manufacturer of
the bountiable motor.
(3) The manufacturer of a bountiable motor is not entitled to receive a
payment of bounty in respect of the bountiable motor unless the
Comptroller-General is satisfied that-
(a) the manufacture of the bountiable motor was completed-
(i) by the manufacturer at registered premises; and
(ii) during the bounty period; and
(b) the amount that is the value added to the bountiable motor by the
manufacturer is not less than the amount that is 331/3% of the factory
cost of the motor.
(4) For the purposes of this Act, when bounty is payable in respect of a
bountiable motor, it shall be deemed to have become payable upon the
completion of the last step in the manufacture of the motor.
(5) Where-
(a) by virtue of sub-section 22 (4), the Minister determines that the
registration of premises shall take effect on and from 17 July 1984;
and
(b) the person who applied for the registration of the premises-
(i) was, on 17 July 1984, the owner of a bountiable motor; and
(ii) had completed the manufacture of the motor at those premises
before 17 July 1984, that motor shall, for the purposes of this
Act, be deemed to be a motor the manufacture of which was
completed by that person at the registered premises on 17 July
1984.
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