- Date
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10 Feb 2016
- Chamber
-
House of Representatives
- Status
-
Act
-
Portfolio
-
Trade and Investment
- Summary
-
Amends the
Export Market Development Grants Act 1997
to: remove communications as an eligible expenditure category; place a limit of $15 000 on the free sample expenditure category; describe the promotional literature or other advertising expenditure category as including literature or material in electronic or any other form; remove reimbursement of in country travel (other than air fares) and increase the daily allowance for overseas visits; add to the list of excluded expenses those relating to activities or products that the chief executive officer of Austrade considers may have had a detrimental impact on Australia’s trade reputation; permit Austrade to direct funds from other sources towards export market development grants (EMDG) administration costs; provide that the first independent review of the EMDG scheme must be completed by no later than 31 December 2021 and enable the minister to determine a date for later reviews; and enable the EMDG scheme to continue without a specified termination date; and the Australian Trade Commission Act 1985
to: change the name of the Australian Trade Commission to the Australian Trade and Investment Commission; and amend the short title of the Act to the Australian Trade and Investment Commission Act 1985
. Also makes consequential amendments to 10 Acts.