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FINANCIAL FRAMEWORK (SUPPLEMENTARY POWERS) AMENDMENT (INFRASTRUCTURE AND REGIONAL DEVELOPMENT MEASURES NO. 1) REGULATION 2016 (F2016L01921) - SCHEDULE 1

   

Financial Framework (Supplementary Powers) Regulations 1997

1  In the appropriate position in Part 4 of Schedule 1AB (table)

Insert:

 

190

Regional Jobs and Investment Package

To encourage investment, employment, productivity and innovation in regions affected by structural economic change and foster the capacity of such regions to participate in international and domestic trade, by providing grants for projects which support economic diversification, growth and employment in regions.

This objective also has the effect it would have if it were limited to providing grants:

(a) in connection with trade and commerce with other countries, or among the States and Territories; or

(b) in connection with electronic communications; or

(c) in relation to aliens or immigrants; or

(d) to provide medical services, unemployment, pharmaceutical, sickness and hospital benefits, benefits to students, and measures incidental to the provision of those services or benefits; or

(e) to, or in relation to, Indigenous Australians and particular groups of Indigenous Australians; or

(f) to meet its obligations under international agreements, including under:

(i) the International Covenant on Economic, Social and Cultural Rights, particularly Article 6; or

(ii) the International Labour Organization's Convention concerning Employment Policy; or

(g) for the construction or extension of railways in any State with the consent of that State; or

(h) in the exercise of the executive power of the Commonwealth; or

(i) to provide for measures that are peculiarly adapted to the government of a nation and cannot otherwise be carried on for the benefit of the nation; or

(j) as financial assistance to a State or Territory; or

(k) in, or in relation to, a Territory.

 



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