Commonwealth Numbered Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1974 No. 154 of 1974 - SECT 16

16. (1) In this section-



"Government entitlement" in relation to a claimant, in relation to a grant
year, means the amount calculated in relation to that claimant in relation to
that year under paragraph 15 (a);



"non-Government entitlement", in relation to a claimant, in relation to a
grant year, means-

   (a)  in the case of a new claimant or of a prescribed body that does not
        have the function of performing any of the activities referred to in
        paragraphs 4 (1) (a), (b), (c) and (d)-the sum of the amounts
        calculated in relation to the claimant in relation to that year under
        paragraphs 15 (b) and (c); and

   (b)  in any other case-so much of the sum of the amounts calculated in
        relation to the claimant in relation to that year under paragraphs 15
        (b) and (c) as does not exceed 10 per centum of the export earnings of
        the claimant in respect of that year.

(2) The amount of the grant entitlement, in relation to a grant year, of a
claimant, other than a claimant referred to in sub-secton (3), shall not
exceed the sum of-

   (a)  so much of the non-Government entitlement of the claimant for that
        year as does not exceed $100,000; and

   (b)  so much of the Government entitlement of the claimant for that year
        as, together with the amount calculated under paragraph (a), does not
        exceed $125,000.

(3) The aggregate amount of the grant entitlement, in relation to a grant
year, of all the claimants that are, in relation to that year, to be treated,
in accordance with section 10, as members of a group of corporations shall not
exceed the sum of-

   (a)  so much of the amount ascertained by adding together the
        non-Government entitlement of each of the claimants for that year as
        does not exceed $100,000; and

   (b)  so much of the amount ascertained by adding together the Government
        entitlement of each of the claimants for that year as, together with
        the amount arrived at in accordance with paragraph (a), does not
        exceed $125,000.

(4) Where the aggregate amount of the grant entitlement of the members of a
group of corporations would, but for sub-section (3), exceed the limit
prescribed by that sub-section, the Board shall reduce the grant entitlement
of each member of the group in such manner as it considers appropriate, having
regard to the provisions of sub-section (2).