DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 (ARCHIVE)

CHAPTER 2 - DEVELOPMENT ALLOWANCE  

PART 4 - PRE-QUALIFYING CERTIFICATES RELATING TO PLANT EXPENDITURE  

SECTION 40 (ARCHIVE)  

40   CRITERIA FOR GRANTING APPLICATION  
The DAA must grant the application if the DAA is satisfied that:

(a) no part of the expenditure fails the basic eligibility test; and

(b) a substantial commitment to the completion of the project has occurred before 1 July 1996; and

(c) if:

(i) no substantial commitment to the completion of the project has occurred before 1 January 1993; or

(ii) the expenditure:

(A) passes the basic eligibility test only because the motor vehicle industry and motor vehicle industry activities are excluded from subparagraph 15(b)(vi); or

(B) is attributable to an eligible print media installation;

it is reasonably likely that the expenditure will pass the competitiveness test; and

(d) either:

(i) the expenditure has passed the $50 million threshold test; or

(ii) it is reasonably likely that the expenditure will pass the $50 million threshold test.