Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 No. 99 of 1992 - SECT 46

Criteria for granting application (Variation of expenditure)
46.(1) The DAA must not grant an application for variation of expenditure
unless the DAA is satisfied that:

   (a)  in any case - the entity has incurred, or proposes to incur, the
        varied expenditure in carrying out the same, or substantially the
        same, project as was specified in the original registration or
        certificate, as the case may be; and

   (b)  if the entity's project is part of a joint venture project - the
        varied expenditure relates to the same, or substantially the same,
        joint venture project as was specified in the original registration or
        certificate, as the case may be; and

   (c)  if the entity's project is part of a company group project scheme -
        the varied expenditure relates to the same, or substantially the same,
        company group project scheme as was specified in the original
        registration or certificate, as the case may be. (Variation of
        project)

(2) The DAA must not grant an application for variation of a project unless
the DAA is satisfied that:

   (a)  in any case - the varied project is the same, or substantially the
        same, project as was specified in the original registration or
        certificate, as the case may be; and

   (b)  if the entity's project is part of a joint venture project - the
        varied project relates to the same, or substantially the same,
        joint venture project as was specified in the original registration or
        certificate, as the case may be; and

   (c)  if the entity's project is part of a company group project scheme -
        the varied project relates to the same, or substantially the same,
        company group project scheme as was specified in the original
        registration or certificate, as the case may be. (Variation of
        joint venture project)

(3) The DAA must not grant an application for variation of a
joint venture project unless the DAA is satisfied that the varied joint
venture project is the same, or substantially the same, as the joint venture
project specified in the original registration or certificate, as the case may
be. (Variation of company group project scheme)

(4) The DAA must not grant an application for variation of a company group
project scheme unless the DAA is satisfied that the varied company group
project scheme is the same, or substantially the same, as the company group
project scheme specified in the original registration or certificate, as the
case may be. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback