Textile, Clothing and Footwear Post-2005 Strategic Investment Program Scheme Amendment 2010 (No. 1)

Administered by Department of Industry, Science and Resources

Legislation au F2010L01382 Not in force Legislative Instrument

Legislation content

Approved by Kim Carr on 13 May 2010

 

Explanatory Statement

 

TEXTILE, CLOTHING AND FOOTWEAR POST-2005 STRATEGIC INVESTMENT PROGRAM SCHEME AMENDMENT 2010

 

General Outline

 

The Textile, Clothing and Footwear Post-2005 Strategic Investment Program Scheme 2005 (TCF Post-2005 (SIP) Scheme) provides for the making of grants in connection with, or incidental to:

  •   the manufacture in Australia of eligible TCF products; and
  •   the design in Australia, for manufacture in Australia, of eligible TCF products some or all of which are intended to be sold in Australia.

 

This amendment will:

  •   amend the TCF Post-2005 (SIP) Scheme consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010;
  •   improve the operation of the transfer of registration provisions of TCF Post-2005 (SIP) Scheme (paragraphs 4.5(3)(a) and (b));
  •   prescribe when an advance on account of a grant may be requested (subsection 5.9(1));
  •   put beyond doubt the Secretary’s ability to decide an amount of an advance on account of a grant (subsections 5.18(3) and (4));
  •   remove two redundant provisions (subsection 4.5(4) and section 5.12); and
  •   make a technical amendment (subsection 5.5(3)).

 

Legislative Authority

 

The legislative basis for variations of the TCF Post-2005 (SIP) Scheme is section 37ZF of the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999.

 

Financial Implications

 

The total amount of funding allocated under the TCF Post-2005 (SIP) Scheme is reduced from $575 million to $487.5 million as a consequence of the Clothing and Household Textile (BIC) scheme replacing the TCF Post-2005 (SIP) Scheme for the 2010–2011 to 2014–2015 program years.

 

Consultations

 

These amendments resulted from consultations with:

  •   the Department of Innovation, Industry, Science and Research's program delivery arm, AusIndustry, which is responsible for the day-to-day administration of the TCF Post-2005 (SIP) Scheme;
  •   the Department's Legal Section;
  •   Legislative Counsel; and
  •   the Australian TCF industry, including the peak industry bodies:
    •                    the Council of Textile & Fashion Industries of Australia Limited; and
    •                    the Technical Textiles and Nonwovens Association;

as part of the extensive consultation process that led to the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010. 

 

NOTES ON SECTIONS

 

Section 1Name of instrument

This prescribes the name of the instrument as the Textile, Clothing and Footwear Post-2005 Strategic Investment Program Scheme Amendment 2010.

 

Section 2Commencement

Section 2 provides for the instrument to commence on the day after it is registered (in accordance with the Legislative Instruments Act 2003).

 

Section 3Amendment of Textile, Clothing and Footwear Post-2005 Strategic Investment Program Scheme 2005

This is the formal provision that provides for the amendment of the TCF Post-2005 (SIP) Scheme as outlined in Schedule 1.

 

Schedule 1 Amendments

 

Items 1–3.  Section 1.4definitions of program period, relevant financial year and relevant program year

Subsection 1.4 is amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Items 4 & 5 Section 1.7Meaning of program year

Subsections 1.7(1) and (3) are amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 6  Section 4.5Effect of transfer of registration

Paragraphs 4.5(3)(a) and (b) are amended to the effect that any eligible TCF activity or expenditure incurred by the transferor entity before the transfer of the business in the program year is taken to have been carried on, or incurred, respectively, by the transferee entity in the program year and in the immediately preceding program year.  This puts beyond doubt that grant eligibility is effectively transferred from the transferor entity to the transferee entity.

 

Item 7  Section 4.5 — Effect of transfer of registration

Redundant subsection 4.5(4) is omitted.

 

Item 8  Section 5.5 — Requests for advances of grants

Paragraphs 5.5(2)(c) and (d) are amended to take account of new section 46 of the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 substituted by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.  This enables, in effect, scheme debts to be set off against an advance on account of a grant.

 

Item 9  Section 5.5 — Requests for advances of grants

This is a technical amendment of subsection 5.5(3).

 

Item 10  Section 5.9 — When requests for advances of grants must be made

Subsection 5.9(1) is amended such that a request for an advance for a program year must be made in the relevant financial year and on or before the first working day in January of the relevant financial year.

 

Item 11  Section 5.12 — Provision of strategic business plans etc

The reference in section 5.12 to “variations of strategic business plans” is omitted because it is redundant.

 

Item 12  Section 5.18 — Resolution of requests for advances of grant

New subsections 5.18(3) and (4) put beyond doubt the Secretary’s ability to decide an amount of an advance on account of a grant.

 

Item 13  Section 6.7 — Effect of extension of time

Subsection 6.7(4) is amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 14  Section 6.20 — Modulation of grants

A new definition of “PA” is substituted consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 15  Section 6.21 — Deferred grant eligibility amount

The note to subsection 6.21(1) is amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 16  Section 6.29 — Determination and payment of grants

Subsection 6.29(10) is amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 17  Section 6.31 — Annual limit on payments

Section 6.31 is amended consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 18  Section 6.32 — Expenditure limit on Scheme

New section 6.32 is substituted consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.

 

Item 19  Section 7.7 — Condition — disposal of plant and equipment — Type 1 grant

New subsection 7.7(1) is substituted consequential on the changes to the Textile, Clothing and Footwear Investment and Innovation Programs Act 1999 effected by the Textile, Clothing and Footwear Strategic Investment Program Amendment (Building Innovative Capability) Act 2010.  This will, in effect, preserve the 2014/2015 financial year disposal threshold for clothing/finished textile entities.

 

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