Bill
Export Market Development Grants Amendment Bill 2014
passed, as at 2014-04-09. Trade and Investment portfolio.
- Sponsor
- Not recorded
- Portfolio
- Trade and Investment
Recorded stages
- introduced — 2014-03-06
- second reading — 2014-03-06
- second reading — 2014-03-18
- second reading — 2014-03-19
- second reading — 2014-03-20
- second reading — 2014-03-20
- committee — 2014-03-20
- third reading — 2014-03-20
- introduced — 2014-03-24
- second reading — 2014-03-24
- second reading — 2014-03-26
- second reading — 2014-03-26
- committee — 2014-03-26
- third reading — 2014-03-26
- passed — 2014-03-26
- royal assent — 2014-04-09
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2014-03-06.
This bill updates the Export Market Development Grants scheme to match its new funding level and includes technical and simplification changes.
It would amend the Export Market Development Grants Act 1997 to adjust grant limits, expense thresholds, and payment procedures.
The bill would allow extra administration costs for the 2013-14 year, funded from Austrade's departmental budget.
- It raises the maximum number of grants an applicant can receive from seven to eight.
- It lowers the minimum expenses an applicant must incur from $20,000 to $15,000.
- It reduces the deduction from the provisional grant amount from $5,000 to $2,500.
- It stops payments to applicants who use an EMDG consultant deemed not fit and proper.
- It speeds up grant payments when a grant is decided before the specified date.
- It permits extra administration cost payments for 2013-14 only.
Applicants for export market development grants and their consultants.
Sources
em
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em revised
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frl act