Product Grants and Benefits Administration Act 2000

EFFECT OF PUBLIC RULING ON GRANTS OR BENEFITS  
24B(1)
Expressions used in this section have the same meanings as in Part IVAAA of the Taxation Administration Act 1953 .

24B(2)
Subject to section 24D, if:

(a) there is a public ruling on the way in which a product grant or benefit law applies to you in relation to an arrangement (the ruled way ); and

(b) that law applies to you in relation to that arrangement in a different way; and

(c) the amount of a grant or benefit under an assessment in relation to you would (apart from this section and section 24D) be less than what it would have been if that law applied in the ruled way;

the assessment and amount of the grant or benefit must be what they would be if that law applied in the ruled way.