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BOUNTY (METAL WORKING MACHINES AND ROBOTS) ACT 1985 No. 133 of 1985 - SECT 17

Amount of bounty
17. (1) The bounty payable to a manufacturer of bountiable equipment A in
respect of the normal manufacture of bountiable equipment AA is -

   (a)  where the manufacture of the equipment is completed before 1 July 1986
        - an amount equal to prescribed percentage 1 of the value added to the
        equipment by the manufacturer in the course of the normal manufacture
        of the equipment; or

   (b)  where the manufacture of the equipment is completed on or after 1 July
        1986 - an amount equal to prescribed percentage 2 of the value added
        to the equipment by the manufacturer in the course of the
        normal manufacture of the equipment.

(2) The bounty payable to a manufacturer of bountiable equipment A in respect
of the retrofit manufacture of bountiable equipment that is -

   (a)  a computer controlled machine;

   (b)  a numerically controlled machine;

   (c)  a robotic machine;

   (d)  a machine included in a class of machines in respect of which a
        declaration under sub-section 6 (4) is in force; or

   (e)  an independent machine, is -

   (f)  where a condition specified in sub-section 16 (5) is satisfied in
        relation to the equipment on a day before 1 July 1986 - an amount
        equal to prescribed percentage 3 of the value added to the equipment
        by the manufacturer in the course of the retrofit manufacture of the
        equipment; or

   (g)  where such a condition is satisfied in relation to the equipment on a
        day on or after 1 July 1986 - an amount equal to
        prescribed percentage 4 of the value added to the equipment by the
        manufacturer in the course of manufacture of the equipment.

(3) The bounty payable to a manufacturer of bountiable equipment A in respect
of the manufacture of bountiable equipment AB is -

   (a)  where a condition specified -

        (i)    in the case of equipment that is an independent machine - in
               sub-section 16 (5); or

        (ii)   in the case of bountiable goods AB - in sub-section 16 (6), is
               satisfied in relation to the equipment on a day before 1 July
               1986 - an amount equal to prescribed percentage 3 of the value
               added to the equipment by the manufacturer in the course of the
               manufacture of the equipment; or

   (b)  where a condition specified -

        (i)    in the case of equipment that is an independent machine - in
               sub-section 16 (5); or

        (ii)   in the case of bountiable goods AB - in sub-section 16 (6), is
               satisfied in relation to the equipment on a day on or after 1
               July 1986 - an amount equal to prescribed percentage 4 of the
               value added to the equipment by the manufacturer in the course
               of manufacture of the equipment.

(4) The bounty payable to a modifier of bountiable equipment B in respect of
the modification of bountiable equipment B is -

   (a)  where a condition specified in paragraph 16 (8) (e) or (f) is
        satisfied in relation to the equipment on a day before 1 July 1986 -
        an amount equal to prescribed percentage 3 of the value added to the
        equipment by the modifier in the course of the modification of the
        equipment; or

   (b)  where such a condition is satisfied in relation to the equipment on a
        day on or after 1 July 1986 - an amount equal to
        prescribed percentage 4 of the value added to the equipment by the
        modifier in the course of the modification of the equipment.

(5) In this section -

"prescribed percentage 1" means 40% or, if a declaration under subsection 8
(1) is in force, the percentage specified in that declaration;

"prescribed percentage 2" means 35% or, if a declaration under subsection 8
(2) is in force, the percentage specified in that declaration;

"prescribed percentage 3" means 30% or, if a declaration under subsection 8
(3) is in force, the percentage specified in that declaration;

"prescribed percentage 4" means 25% or, if a declaration under subsection 8
(4) is in force, the percentage specified in that declaration. 


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