Commonwealth Numbered Regulations

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1982 No. 143 Export Expansion Grants Regulations (Amendment) - REG 1

After regulation 4A of the Export Expansion Grants Regulations the following
regulation is inserted: Calculation of export earnings increment where goods
become excluded goods

"4B. (1) In this regulation-
'prescribed earnings', in relation to a person, means earnings of the person-

   (a)  that are attributable to the export by the person of goods of a kind
        specified in Schedule 3; and

   (b)  that were export earnings at the time that they were received or
        receivable by him;
'relevant grant year' means the grant year that commenced on 1 July 1981 or a
subsequent grant year.



"(2) Where the export earnings of a person in a relevant grant year or in any
of the 3 years immediately preceding the relevant grant year include
prescribed earnings, the export earnings increment of that person is to be
calculated as if the amount of his export earnings had been lower than they
actually were by an amount equal to the amount of his prescribed earnings.".

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