Document ID: chunk:federal_register_of_legislation:C2004A02639:schedule:12:p29
Version: federal_register_of_legislation:C2004A02639
Segment Type: schedule
Provision Reference: sch 12 (pt 29/42)
Character Range: 74630–77205

is a reference to a grant received by such a company in respect of any grant year, whether or not the company was or would have been deemed, by virtue of section 5, to have been related to the eligible company at any time during that last-mentioned grant year.".
(2) The amendment made by sub-section (1) does not operate to deprive a company of any entitlement to a commencement grant in respect of a grant year if an application for a commencement grant in respect of that grant year was made on or before 17 August 1982.

150. (1) Section 26a of the Principal Act is repealed and the following section is substituted:

Effect of reconstruction of companies
"26a. Where the Board is satisfied that a company that has, after 17 August 1982, applied for a commencement grant in respect of the grant year ending on 30 June 1982 or in respect of any subsequent grant year is carrying on operations in the nature of industrial research and development the whole or a substantial part of which was previously carried on by another company that became, or will become, entitled to a commencement grant, or to a grant of financial assistance under the previous Act, the Board may, for the purposes of the application, treat the applicant company and the other company as one company.".
(2) Notwithstanding the repeal effected by sub-section (1), section 26a of the Principal Act continues to have effect in relation to applications made under that Act on or before 17 August 1982.

Applications
151. Section 34 of the Principal Act is amended—
     (a) by omitting "has been received by the Board or" from sub-section (3); and
     (b) by inserting after sub-section (3) the following sub-sections:
     "(3a) An application by a company for a commencement grant in respect of the grant year that ended on 30 June 1982 or any subsequent grant year shall be deemed not to have been made unless—
          (a) it is received as mentioned in sub-section (3) on or before 30 September next after the end of that grant year; or
          (b) on or before 30 September next after the end of that grant year, the company has given the Board notice in writing stating that it will be unable to make an application for a commencement

          grant in respect of that grant year on or before that 30 September and the application is received as mentioned in sub-section (3) on or before 30 November next after the end of that grant year.
     "(3b) A notice for the purposes of paragraph (3a) (b) shall be deemed not to have been given until it has been received on behalf of the Board by