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TEXTILE, CLOTHING AND FOOTWEAR STRATEGIC INVESTMENT PROGRAM ACT 1999 - SECT 11
Types of grants
- (1)
- This section sets out a policy objective for the TCF (SIP) scheme.
- (2)
- The objective is that there are to be 5 types of grants, as follows:
- (a)
- the first type of grants are to be known as grants in respect of new TCF
plant/building expenditure ;
- (b)
- the second type of grants are to be known as grants in respect of TCF
research and development expenditure ;
- (c)
- the third type of grants are to be known as grants in respect of TCF
value-adding ;
- (d)
- the fourth type of grants are to be known as special grants in respect of
second-hand TCF plant expenditure ;
- (e)
- the fifth type of grants are to be known as special miscellaneous grants
in respect of TCF-dependent communities .
- (3)
- To avoid doubt, paragraphs (2)(a), (b), (c), (d) and (e) do not limit the
range of matters in respect of which grants may be made.
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