Document ID: chunk:federal_register_of_legislation:C2004A04933:body:0:p9
Version: federal_register_of_legislation:C2004A04933
Segment Type: other
Provision Reference: 
Character Range: 20659–23643

and subsection (6) called the 'principals')".

40. Subsection 11L(5):

Omit "claimant", substitute "principal".

41. Subsection 11L(5):

Omit "claimant's", substitute "principal's".

42. Subsection 11L(6):

Omit "claimant's", substitute "principal's".

43. Paragraph 11L(6)(a):

Omit "claimants", substitute "principals".

44. Paragraph 11L(6)(b):

Omit "claimants", substitute "principals".

45. Section 11L:

Add at the end:

"(7) For the purposes of subsections (5) and (6), if a person to whom this section applies undertakes, during the visit, qualifying export development activities on behalf of an approved joint venture or an approved consortium, the joint venture or consortium is taken to be a principal.".

PART 8—INSOLVENCY OR CONVICTION OF A MEMBER OF AN APPROVED
JOINT VENTURE OR AN APPROVED CONSORTIUM

46. After subsection 11UA(2):

Insert:

"(2A) Subject to subsection (3), expenditure of an approved joint venture or an approved consortium is non-claimable expenditure if it is incurred while any of the following bodies corporate is under insolvency administration:

    (a) a body corporate that is a member of the joint venture or consortium;

    (b) a body corporate that is a partner of a partnership that is a member of the joint venture or consortium.".

SCHEDULE—continued

47. Subsection 11UA(3):

    Omit "or (2)", substitute (2) or (2A)".

48. Paragraph 11UA(3)(a):

After "the body corporate" insert ", or each body corporate, ".

49. After subsection 11UB(3):

Insert:

"(3A) Expenditure of an approved joint venture or an approved consortium is non-claimable expenditure if it is incurred while any of the following individuals is under insolvency administration:

    (a) an individual who is a member of the joint venture or consortium;

    (b) an individual who is a partner of a partnership that is a member of the joint venture or consortium.".

50. After subsection 11YA(5):

Insert:

"(5A) Expenditure of an approved joint venture or an approved consortium is non-claimable expenditure if it is incurred:

    (a) while the person:

        (i) is a member of the joint venture or consortium; or

        (ii) is a director of a body corporate that is a member of the joint venture or consortium; or

        (iii) is a partner of a partnership that is a member of the joint venture or consortium; and

    (b) during the ineligible period.".

PART 9—GRANTS IN RELATION TO NEW MARKETS

51. Subsection 15(2):

Omit "only if, ", substitute "only to the extent to which, ".

PART 10—CRIMINAL RECORDS

52. Section 13:

Add at the end:

"(7) The Commission may refuse to consider a claim unless the claimant gives the Commission such written consents (whether consents of the claimant or of any other person or persons) as the Commission requires to enable criminal records to be checked for the purposes of applying sections 11YA and 14A to the claim.".

SCHEDULE—continued

PART 11—CAPITAL EXPENDITURE

53. Section 11N:

Repeal the section,