Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Textile, Clothing and Footwear Strategic Investment Program Bill 1999

 

 

 

 

Textile, Clothing and Footwear Strategic Investment Program Act 1999

 

No. 182, 1999



 

 

 

 

Textile, Clothing and Footwear Strategic Investment Program Act 1999

 

No. 182, 1999

 

 

 

 

An Act about the Textile, Clothing and Footwear Strategic Investment Program, and for other purposes

   

   

   



Contents

Part 1—Introduction                                                                                                               1

1............ Short title............................................................................................ 2

2............ Commencement.................................................................................. 2

3............ Simplified outline................................................................................ 2

4............ Definitions.......................................................................................... 3

5............ Continuity of partnerships................................................................. 4

6............ Crown to be bound............................................................................. 4

7............ External Territories............................................................................. 5

Part 2—TCF (SIP) scheme                                                                                                 6

Division 1—General provisions                                                                               6

8............ TCF (SIP) scheme.............................................................................. 6

9............ $700 million cap................................................................................. 6

Division 2—General policy objectives for the grants provisions of the scheme               8

10.......... General policy objectives for the grants provisions of the scheme.... 8

11.......... Types of grants.................................................................................. 8

12.......... Duration of scheme............................................................................. 9

13.......... Grants to be made in arrears............................................................. 10

14.......... Cap for grants in respect of TCF value-adding................................ 12

15.......... Grants cap based on eligible revenue and eligible start-up investment amount       12

Division 3—Registration for the purposes of the scheme                       15

16.......... Registration for the purposes of the scheme.................................... 15

Division 4—Strategic business plans and accounts                                     16

17.......... Strategic business plans.................................................................... 16

18.......... Accounts........................................................................................... 16

Division 5—Other matters relating to the scheme                                     17

19.......... Loans................................................................................................ 17

20.......... Advances on account of grants......................................................... 17

21.......... Scheme may confer administrative powers on the Minister or the Secretary         17

22.......... Reconsideration and review of decisions.......................................... 17

23.......... Statement to accompany notification of decisions........................... 19

24.......... Guarantees relating to payment of scheme debts connected with grants                20

25.......... Guarantees relating to payment of scheme debts connected with loans  20

26.......... Non-arm’s length transactions.......................................................... 20

27.......... Participation in accredited benchmarking/management-improvement studies         21

28.......... Grant by way of bounty.................................................................. 21

29.......... Grants and advances to be inalienable.............................................. 21

30.......... Miscellaneous matters...................................................................... 21

31.......... Ancillary or incidental provisions.................................................... 22

32.......... Scheme-making power not limited.................................................... 22

33.......... Fee must not amount to taxation...................................................... 23

34.......... Variation of scheme.......................................................................... 23

35.......... Scheme to be a disallowable instrument........................................... 23

36.......... Appropriation.................................................................................. 23

Part 3—Supplementation of the Regional Assistance Program                  24

37.......... Supplementation of the Regional Assistance Program..................... 24

Part 4—Information-gathering powers                                                                      25

38.......... Minister or Secretary may obtain information and documents........ 25

39.......... Copying documents—reasonable compensation.............................. 26

40.......... Self-incrimination.............................................................................. 26

41.......... Copies of documents........................................................................ 27

42.......... Minister or Secretary may retain documents................................... 27

Part 5—Recovery of scheme debts                                                                             28

43.......... Repayments of conditional grants.................................................... 28

44.......... Scheme debts are debts due to the Commonwealth.......................... 28

45.......... Recovery by legal proceedings......................................................... 28

46.......... Recovery by set-off.......................................................................... 28

47.......... Commonwealth may collect money from a person who owes money to an entity                29

Part 6—Offences                                                                                                                    32

48.......... Application of Criminal Code .......................................................... 32

49.......... False or misleading information........................................................ 32

50.......... False or misleading evidence............................................................. 32

51.......... False or misleading documents......................................................... 33

Part 7—Miscellaneous                                                                                                        34

52.......... Delegation......................................................................................... 34

53.......... Availability of grants........................................................................ 35

54.......... Uniformity of bounties..................................................................... 35

55.......... International obligations................................................................... 36

56.......... Regulations....................................................................................... 37

 



Textile, Clothing and Footwear Strategic Investment Program Act 1999

No. 182, 1999

 

 

 

An Act about the Textile, Clothing and Footwear Strategic Investment Program, and for other purposes

[ Assented to 22 December 1999 ]

The Parliament of Australia enacts: