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Export Market Development Grants (Information and Document Requirements) Amendment Determination 2015 (No. 1)

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Export Market Development Grants (Information and Document Requirements) Amendment Determination 2015 (No. 1)
I, Bruce Gosper, Chief Executive Officer of Austrade, make this instrument under section 73A of the Export Market Development Grants Act 1997.
 
Dated   15 June 2015
Bruce Gosper
Chief Executive Officer of Austrade
 
  
  
1  Name
                   This instrument is the Export Market Development Grants (Information and Document Requirements) Amendment Determination 2015 (No. 1).
2  Commencement
            (1)   Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
 
Commencement information

Column 1
Column 2
Column 3

Provisions
Commencement
Date/Details

1.  The whole of this instrument
1 July 2015.
1 July 2015

Note:          This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
            (2)   Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
3  Schedule(s)
                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
Schedule 1—Amendments
  
Export Market Development Grants (Information and Document Requirements) Determination 2008
1  Paragraph 4(1)(b)
Omit the paragraph, substitute:
               (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;
2  After subsection 4(2)
Insert:
      (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  After subsection 4(3)
Insert:
         (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.