Export Expansion Grants Regulations (Amendment) (Cth)

Statutory Rules 1982 No. 1431

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Export Expansion Grants Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Export Expansion Grants Act 1978.

Dated 25 June 1982.

ZELMAN COWEN

Governor-General

By His Excellency’s Command,

Vice-President of the Executive Council for and on behalf of the Minister of State for Trade and Resources

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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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S.R. No. 154/82 Cat. No. —Recommended retail price 20c 13/16.6.1982

 

NOTES

1. Notified in the Commonwealth of Australia Gazette on 28 June 1982.

2. Statutory Rules 1979 No. 13 as amended by Statutory Rules 1979 No. 105; 1980 Nos. 127, 287 and 397; 1981 Nos. 137, 183 and 322.

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