Footnotes

Footnotes

[1] According to the Explanatory Memorandum: Under the current EMDG Act (see section 49), all commissions, discounts, credits and similar transactions that are based on the level of sales made by an applicant are intended to be ineligible. However, due to the technical wording of the relevant provision, the Act may not have this legal effect in all cases and may only apply if the commissions etc are paid to a customer of the applicant. This amendment bill clarifies the current rules to ensure that all expenses incurred as commissions, discounts and other amounts including salaries, retainers of fees that are based on the level of sales will be ineligible, irrespective of the person or entity to whom they are paid. (Explanatory memorandum, p. 7 and p. 33.)

[2] Export Market Development Grants Legislation Amendment Bill 2006, explanatory memorandum, p. 2, and pp. 3–7.

[3] Productivity Commission, Trade and Assistance Review 2004–05, p. 3.5

[4] Productivity Commission, Trade and Assistance Review 2004–05, p. 3.5

[5] Productivity Commission, Trade and Assistance Review 2004–05, p. 3.5; Austrade, Review of the Export Market Development Grants Scheme, 2005, p. 7.

[6] Austrade, Review of the Export Market Development Grants Scheme, 2005, pp. 7–8.

[7] Austrade, Review of the Export Market Development Grants Scheme, 2005, p. 8.

[8] Austrade, Review of the Export Market Development Grants Scheme, 2005, p. 9

[9] Austrade, Review of the Export Market Development Grants Scheme, 2005, p. 9.

[10] Explanatory memorandum, pp. 8–28. See page 8 for Executive summary of the regulation impact statement.

[11] See submissions P1, P3, P5.

[12] Submission P2. See also Submission P5, from The Australian Industry Group, which provided the Committee with a copy of its submission to the review of the EMDG scheme.

[13] In the Act, an approved body means any body corporate, cooperative or association that is approved by Austrade as an approved body under section 89. (See section 107–Definitions, p. 71.)

[14] Submission P2, p. 1.

[15] Submission P2, Western Australian Fishing Industry Council (Inc), pp. 1–3.

[16] Submission P2, p. 3.

[17] Explanatory Memorandum, p. 5.

[18] Submission P5, p. 5.

[19] Submission P2, p. 3.

[20] Submission P3, Australian Cotton Shippers Association, p. 2.