Export Market Development Grants (Significant Net Benefit) Guidelines 2016 (Cth)

Export Market Development Grants (Significant Net Benefit) Guidelines 2016

Export Market Development Grants Act 1997

I, STEVEN MICHELE CIOBO, Minister for Trade and Investment, make these Guidelines under paragraph 101 (1) (baa) of the Export Market Development Grants Act 1997.

Dated Twenty Second of June 2016

STEVEN CIOBO

Minister for Trade and Investment

1. Name of Guidelines

   These Guidelines are the Export Market Development Grants (Significant Net Benefit) Guidelines 2016.

2. Commencement

   These Guidelines commence on 1 July 2016.

3. Application of Guidelines

   (1)   These Guidelines apply in relation to a grant application made under the Export Market Development Grants Act 1997 on or after 1 July 2016.

   (2)   These Guidelines apply in relation to goods which are not made in Australia.

1. Significant net benefit

   (1) In determining, for paragraph 24 (b) of the Export Market Development Grants Act 1997, whether Australia will derive a significant net benefit, the CEO of Austrade must comply with the following guidelines.

   (2)   The CEO of Austrade must consider whether:

   (a)    the business assets which are used in making the goods ready for sale (other than assets used in manufacture) are primarily or substantially based in Australia; and

   (b)    the activities (other than manufacture) which result in the goods being made ready for sale are primarily or substantially carried on in Australia; and

   (c)    a significant proportion of the value of the goods is added within Australia; and

   (d)    any sale of the goods generates, or is reasonably likely in the foreseeable future to generate, economic benefits for Australia, including in the area of employment, that are substantial relative to the amount of the grant claimed by the applicant.

1. Revocation and savings

   (1)   The Guidelines made under paragraph 101 (1) (baa) of the Act on 19 July 2006 is revoked.

   (2)   However, those Guidelines continue to apply to an application for a grant in respect of a grant year commencing before 1 July 2016.