Document ID: chunk:federal_register_of_legislation:C2004A01381:clause:1_7a
Version: federal_register_of_legislation:C2004A01381
Segment Type: clause
Provision Reference: sch 1 cl 7A
Character Range: 4518–6081

7A  Simplified outline

  The following is a simplified outline of this Part:

         • The TCF (SIP) scheme provides for the making of grants and loans in connection with the design and manufacture, in Australia, of eligible TCF products.
         • The total of the grants paid, and loans made, under the TCF (SIP) scheme must not exceed $700 million, reduced by any Regional Assistance Program supplementation payments (see section 37).
         • The TCF (SIP) scheme provides for 5 types of grants:

                (a) grants in respect of new TCF plant/building expenditure; and
                (b) grants in respect of TCF research and development expenditure; and
                (c) grants in respect of TCF value‑adding; and
                (d) special grants in respect of second‑hand TCF plant expenditure; and
                (e) special miscellaneous grants in respect of TCF‑dependent communities.

         • The TCF (SIP) scheme provides for the making of those grants in respect of expenditure incurred in the 2000‑2001 to 2004‑2005 income years. It also provides that grants in respect of new TCF plant or buildings may be made for expenditure incurred in the 1998‑1999 or 1999‑2000 income year and special grants may be made for expenditure incurred in the 1999‑2000 income year.
         •              Grants under the TCF (SIP) scheme are to be made in arrears.
         • Entities who wish to obtain grants under the TCF (SIP) scheme may be required to register under the scheme and to submit strategic business plans and accounts.