Rural and Regional Adjustment (Variation of Tourism Business Professional Advice Rebate Scheme) Amendment Regulation 2022 (Qld)

1   Short title

This regulation may be cited as the Rural and Regional Adjustment (Variation of Tourism Business Professional Advice Rebate Scheme) Amendment Regulation 2022.

2   Regulation amended

This regulation amends the Rural and Regional Adjustment Regulation 2011.

3   Insertion of new pt 4, div 14

Part 4—
insert—

Division 14 Transitional provision for Rural and Regional Adjustment (Variation of Tourism Business Professional Advice Rebate Scheme) Amendment Regulation 2022

21   Existing applications for assistance

(1)This section applies if, before the commencement, an application for assistance under the scheme set out in schedule 19 was made but not decided.

(2)Schedule 19, as amended by the Rural and Regional Adjustment (Variation of Tourism Business Professional Advice Rebate Scheme) Amendment Regulation 2022, applies to the application.

4   Amendment of sch 19, hdg (Tourism Business Professional Advice Rebate Scheme)

Schedule 19, heading, ‘Rebate’—
omit, insert—

Assistance

5   Replacement of sch 19, s 2 (Purpose of assistance)

Schedule 19, section 2—
omit, insert—

2   Purpose of assistance

The purpose of assistance under the scheme is to assist owners of eligible businesses to offset the cost of eligible professional advice received from a suitably qualified professional adviser by—

(a)giving the owners a rebate for the cost of the advice; or

(b)paying part of the cost of the advice to the entity that issued the invoice for the advice.

6   Amendment of sch 19, s 3 (Definitions for schedule)

Schedule 19, section 3, definition tourism industry—
omit, insert—

tourism industry means an industry classified under ANZSIC within class code 2394, 4279, 4400, 4511, 4513, 4520, 4530, 4621, 4623, 4820, 5010, 5220, 6611, 6619, 7220, 7299, 8910, 8921, 8922, 9003, 9131, 9139, 9201, 45120, 69629, 90010 or 90021.

7   Amendment of sch 19, s 5 (Nature and amount of assistance)

Schedule 19, section 5(1)—
omit, insert—

(1)The nature of assistance available to an applicant under the scheme is—

(a)if the applicant has paid a tax invoice for receiving eligible professional advice from a suitably qualified professional adviser—a rebate to offset the cost of receiving the advice; or

(b)if the applicant has received, but has not paid, a tax invoice for receiving eligible professional advice from a suitably qualified professional adviser—payment of part of the cost of receiving the advice to the entity that issued the invoice.

8   Amendment of sch 19, s 6 (Eligibility criteria)

(1)Schedule 19, section 6(1)(b), after ‘eligible business’—
insert—

from a suitably qualified professional adviser

(2)Schedule 19, section 6(1)(c)—
omit, insert—

(c)has received a tax invoice for the eligible professional advice, whether or not the applicant has paid the invoice.

9   Amendment of sch 19, s 7 (Requirements for applications)

Schedule 19, section 7(1)(c), ‘30 June 2022’—
omit, insert—

31 December 2022