DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 (ARCHIVE)
View history note
Hide history noteThe 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
it is reasonably likely that the expenditure will pass the competitiveness test; and
(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;
(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.
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