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This is a Bill, not an Act. For current law, see the Acts databases.
2002-2003
The Parliament of
the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
Export
Market Development Grants Amendment Bill
2003
No. ,
2003
(Trade)
A Bill
for an Act to amend the Export Market Development Grants Act 1997, and
for related purposes
Contents
Part 1—Income for the grant
year 3
Part 2—Export
earnings 4
Part 3—Provisional grant
amount 5
Part 4—Number of grants
payable 6
Part 5—New
market 7
Part 6—Reader’s Guide
diagram 8
Part 7—Application
provision 9
A Bill for an Act to amend the Export Market
Development Grants Act 1997, and for related purposes
The Parliament of Australia enacts:
This Act may be cited as the Export Market Development Grants
Amendment Act 2003.
This Act commences on the day on which it receives the Royal
Assent.
Each Act that is specified in a Schedule to this Act is amended or
repealed as set out in the applicable items in the Schedule concerned, and any
other item in a Schedule to this Act has effect according to its
terms.
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”.
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”.
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.
23 Diagram 2 in the Reader’s
Guide
Repeal the diagram, substitute:
Diagram 2—Who is eligible for a grant? (Overview of
Part 3)
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.