Export Market Development Grants (Information and Document Requirements) Determination 2008 (Cth)

Export Market Development Grants (Information and Document Requirements) Determination 2008

as amended

made under section 73A of the

Export Market Development Grants Act 1997

This compilation was prepared on 1 July 2015
taking into account amendments up to Export Market Development Grants (Information and Document Requirements) Amendment Determination 2015 (No. 1)

Prepared by the Australian Trade Commission

Contents

1Name of Determination [see Note 1]   3

2Commencement   3

3Definition   3

4Information and Document Requirements   3

Notes 5

1. Name of Determination [see Note 1]

   This Determination is the Export Market Development Grants (Information and Document Requirements) Determination 2008.

2. Commencement

   This Determination commences on 1 July 2008.

3. Definition

   In this Determination:

   Act means the Export Market Development Grants Act 1997.

4. Information and Document Requirements

   (1)   For paragraphs 70 (2C) (f) and (g) of the Act, the following information and document requirements are specified:

   (a)    the applicant’s business plan, including the applicant’s international marketing strategy;

   (b)    the applicant’s audited statement of income for the grant year, including:

   (i)    the income received by the applicant from all sources including international sources; and

   (ii)    the income receivable by the applicant from all sources including international sources;

   (ba)    an opinion of the applicant’s export potential, based on:

   (i)    the applicant’s sales and revenue budgets for the year following the grant year; and

   (ii)    an examination of any correspondence that supports the projected export income; and

   (iii)    a comparison of the applicant’s previous sales and revenue projections with actual results in those periods;

   (c)    the applicant’s audited profit and loss statement for the grant year and the year preceding the grant year;

   (d)    the applicant’s audited balance sheet for the grant year and the year preceding the grant year;

   (e)    a statement that details the economic benefits generated, or that will be generated, from the applicant’s international business activities in 2 or more of the following areas:

   (i)    employment in Australia;

   (ii)    new capital investment in Australia;

   (iii)    introduction of new technologies in Australia;

   (iv)    new value‑added operations in Australia.

   (2)   For subsection (1), a reference to:

   (a)    an audited statement of income; or

   (b)    an audited profit and loss statement; or

   (c)    an audited balance sheet;

   is a reference to a document that has been audited by a person who is a registered company auditor for the Corporations Act 2001.

(2A)   For subsection (1), a reference to an opinion of the applicant’s export potential is a reference to a document that has been prepared by a person who is a registered company auditor for the Corporations Act 2001.

(3)   Section 4, as in force immediately before the commencement of this subsection, is taken to apply to an application made in relation to the grant year commencing on 1 July 2008.

(4)   Section 4, as in force immediately before the commencement of this subsection, is taken to apply to an application made in relation to a grant year commencing on 1 July during the period from the start of 1 July 2009 to 30 June 2014.

Notes to the Export Market Development Grants (Information and Document Requirements) Determination 2008

Note 1

The Export Market Development Grants (Information and Document Requirements) Determination 2008 (in force under section 73A of the Export Market Development Grants Act 1997) as shown in this compilation is amended as indicated in the Tables below.

Table of Instruments

Title	Date of FRLI registration	Date of commencement	Application, saving or transitional provisions
Export Market Development Grants (Information and Document Requirements) Determination 2008	30 June 2008 (see F2008L02329)	1 July 2008
Export Market Development Grants (Information and Document Requirements) Amendment Determination 2010 (No. 1)	30 June 2010 (see F2010L01862)	1 July 2010	—
Export Market Development Grants (Information and Document Requirements) Amendment Determination 2015 (No. 1)	30 June 2015 (see F2015L00892)	1 July 2015	—

Table of Amendments

ad. = added or inserted      am. = amended      rep. = repealed      rs. = repealed and substituted
Provision affected	How affected
S. 4.........................................	am. 2010 No. 1, 2015 No. 1