Document ID: chunk:federal_register_of_legislation:C2014C00184:clause:1_3
Version: federal_register_of_legislation:C2014C00184
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 7813–8459

3  Subsection 269TAAC(3)
Repeal the subsection, substitute:
 (3) Subject to subsection (4), a subsidy is not specific if:
 (a) eligibility for, and the amount of, the subsidy are established by objective criteria or conditions set out in primary or subordinate legislation or other official documents that are capable of verification; and
 (b) eligibility for the subsidy is automatic; and
 (c) those criteria or conditions are neutral, do not favour particular enterprises over others, are economic in nature and are horizontal in application; and
 (d) those criteria or conditions are strictly adhered to in the administration of the subsidy.