Commonwealth Numbered Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1974 No. 154 of 1974 - SECT 8

8. (1) Where a claimant did not incur eligible expenditure in respect of each
of the first 5 of the 7 financial years immediately preceding a grant year,
the claimant is entitled to be treated as a new claimant in relation to that
grant year.

(2) In this section-

   (a)  a reference to a financial year includes a reference to a financial
        year that is a grant year; and

   (b)  a reference to eligible expenditure, in relation to a time before 1
        July 1974, is a reference to expenditure that would have been eligible
        expenditure if this Act had been in force at that time.