Commonwealth Numbered Acts

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DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 No. 99 of 1992 - SECT 42

Applications for variation (Variation of registration)
42.(1) An entity in whose name plant expenditure is registered may apply to
the DAA for a variation of any or all of the following:

   (a)  the expenditure;

   (b)  the project to which the registration relates;

   (c)  if the project is part of a joint venture project - the joint venture
        project to which the registration relates;

   (d)  if the project is part of a company group project scheme - the scheme
        to which the registration relates. (Variation of certificate)

(2) An entity who holds a certificate in relation to plant expenditure may
apply to the DAA for a variation of any or all of the following:

   (a)  the expenditure;

   (b)  the project to which the certificate relates;

   (c)  if the project is part of a joint venture project - the joint venture
        project to which the certificate relates;

   (d)  if the project is part of a company group project scheme - the scheme
        to which the certificate relates. (Joint ventures)

(3) An entity is not entitled to make an application for a variation of a
joint venture project to which a registration or certificate relates unless
each other party to the joint venture makes a corresponding application.
(Company group project schemes)

(4) A company is not entitled to make an application for a variation of a
company group project scheme to which a registration or certificate relates
unless each of the other members of the company group involved in the scheme
make a corresponding application. 


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