Commonwealth Numbered Acts

EXPORT FINANCE AND INSURANCE CORPORATION ACT 1974 No. 122 of 1974 - SECT 37

37. (1) For the purposes of this Part, a transaction is an eligible export
transaction if, in whole or in part, it involves, is associated with or is
incidental or related to-

   (a)  the export from Australia of capital goods produced or manufactured in
        whole or in substantial part in Australia;

   (b)  the production or manufacture in Australia, in whole or in substantial
        part, of capital goods that are to be exported from Australia;

   (c)  the supply, installation, erection, operation, maintenance or repair
        of capital goods produced or manufactured in whole or in substantial
        part in Australia and exported from Australia; or

   (d)  the rendering in a country outside Australia by a person carrying on
        business in Australia-

        (i)    of any services in or in connexion with the supply,
               installation, erection, operation, maintenance or repair of
               capital goods produced or manufactured in whole or in
               substantial part in Australia and exported from Australia; or

        (ii)   of any construction, technological, managerial or other
               services (whether in connexion with such capital goods or
               otherwise) for a person carrying on business in a country
               outside Australia or for the government, or an agency of the
               government, of that country or of any political sub-division of
               that country.
(2) In sub-section (1) "capital goods" means-

   (a)  machinery; or

   (b)  any goods declared by the Minister, in writing, to be capital goods
        for the purposes of this section or goods included in a class of goods
        declared by the Minister, in writing, to be a class of capital goods
        for the purposes of this section.