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Export Market Development Grants Amendment Bill 2003
Schedule 1 Amendment of the Export Market Development Grants Act 1997

Part 1 Income for the grant year

1  Paragraph 7(1)(d)

Omit “$50,000,000”, substitute “$30,000,000”.

2  Paragraph 7(4)(c)

Omit “$50,000,000”, substitute “$30,000,000”.

3  Section 11

Omit “$50,000,000”, substitute “$30,000,000”.

4  Paragraph 53(1)(b)

Omit “$50,000,000”, substitute “$30,000,000”.



 

Part 2 Export earnings

5  Paragraph 7(1)(e)

Repeal the paragraph.

6  Subsection 7(1) (note)

Omit “ export earnings ,”.

7  Paragraph 7(2)(b)

Repeal the paragraph.

8  Subsection 7(2) (note)

Omit “, grantee and export earnings ”, substitute “and grantee ”.

9  Paragraph 7(4)(d)

Repeal the paragraph.

10  Subsection 7(4) (note)

Omit “ export earnings ,”.

11  Subsection 7(5)

Repeal the subsection.

12  Subsection 10(1) (table item 3, column 3)

Omit “(subject to subsection 7(5))”.



 

Part 3 Provisional grant amount

13  Paragraph 63(4)(b)

Omit “$200,000”, substitute “$150,000”.



 

Part 4 Number of grants payable

14  Paragraph 7(1)(c)

Omit “8”, substitute “7”.

15  Paragraph 7(4)(b)

Omit “8”, substitute “7”.

16  Subsection 8(2)

Repeal the subsection.

17  Subsection 63(3) (table item 5, column 2)

Omit “or more”.



 

Part 5 New market

18  List of terms defined in Part 9

Omit “new market”.

19  Section 40 (table item 10)

Repeal the item.

20  Section 50

Repeal the section.

21  Section 107 (definition of new market )

Repeal the definition.

22  Section 113

Repeal the section.



 

Part 6 Reader’s Guide diagram

23  Diagram 2 in the Reader’s Guide

Repeal the diagram, substitute:

Diagram 2—Who is eligible for a grant? (Overview of Part 3)

 



 

Part 7 Application provision

24  Application

The amendments made by this Schedule apply, and are taken to have applied, in relation to a grant year that commences, or commenced, on or after 1 July 2003.