Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Schedule 2—Administration costs

Schedule 2 Administration costs

   

Export Market Development Grants Act 1997

1  Subsections 105(1) and (2)

Omit “5%”, substitute “the applicable percentage”.

2  At the end of section 105

Add:

             (3)  The applicable percentage is the following:

                     (a)  for the financial year ending on 30 June 2021—7.5%;

                     (b)  for the financial year ending on 30 June 2022—7%;

                     (c)  for a financial year ending on or after 30 June 2023—5%.

3  Subsection 107(1)

Insert:

applicable percentage has the meaning given by subsection 105(3).