EXPLANATORY STATEMENT
Statutory Rules 1982 No. 143
Section 22 of the Export Expansion Grants Act 1978 provides that the Governor-General may make regulations; not inconsistent with the Act, prescribing all matters required or permitted by the Act to be prescribed, or necessary or convenient to be prescribed for carrying out or giving effect to this Act.
Regulation 4B provides, in respect of the 1981/82 and subsequent grant years, for the adjustment of the export earnings increment to take into account those goods excluded by regulation in years subsequent to the base year.
Regulation 4B(1) defines the terms employed in regulation 4B.
Regulation 4B(2) provides the method by which an adjustment under regulation 4B is to be applied.