DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 (ARCHIVE)
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Hide history noteFor the purposes of this Chapter, an industry or activity is taken to benefit from a substantial level of industry assistance if, and only if, the DAA is satisfied that the lower of:
(a) the nominal rate of industry assistance from all levels of government; or
(b) the effective rate of industry assistance from all levels of government;
is more than 10%.
For the purposes of this section, a rate is to be worked out:
(a) using the method used by the Productivity Commission; and
(b) on the assumption that levels of industry assistance are equal to the levels that the government concerned proposes to apply on 1 July 1996.
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