Commonwealth Numbered Acts

EXPORT MARKET DEVELOPMENT GRANTS ACT 1997 No. 57 of 1997 - SECT 49

(1) Expenses of an applicant are excluded if they were incurred as:

   (a)  commission or other remuneration paid, otherwise than by way of
        salary, retainer or fee, in respect of commercial transactions
        relating to eligible products; or

   (b)  remuneration by way of salary, retainer or fee, to the extent that the
        remuneration is determined, directly or indirectly, by reference to
        the extent or value of any commercial transactions relating to
        eligible products that the person to whom the remuneration is paid has
        entered into; or

   (c)  discounts and credits, or amounts equivalent to discounts or credits,
        allowed or paid in relation to commercial transactions relating to
        eligible products. Note: For commercial transaction see subsection
        (2).

(2) In subsection (1): commercial transaction, in relation to an eligible
product, means:

   (a)  the sale, supply or disposal of the product; and

   (b)  in the case of eligible intellectual property or eligible know-
        how-the obtaining of an increased return on the disposal of the
        intellectual property or know-how.