1ACIS Administration Act 1999 - Permission to apply for registration in the national interest (27/07/2004)

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Permission to apply for registration in the national interest

ACIS Administration Act 1999

I, IAN ELGIN MACFARLANE, Minister for Industry, Tourism and Resources:

(a) acting under subsections 20 (2) and (5) of the ACIS Administration Act 1999 (the Act) and being satisfied that it would be in the national interest for Mitsubishi Motors Australia Ltd (MMAL) to be registered as an MVP under the Act, give permission for MMAL to apply for registration as an MVP, subject to MMAL meeting all the registration requirements other than the requirements set out in paragraphs 16 (1) (a) and (b) of the Act; and

(b) set out the following conditions, to which the permission and any registration of MMAL as an MVP in accordance with the permission are subject:

(i) MMAL must, by 31 December 2006, have produced a new model of passenger motor vehicle in Australia;

(ii) MMAL must submit to a review conducted by the Secretary in the calendar year beginning on 1 January 2007, and in every subsequent calendar year until the Secretary is satisfied that, from the beginning of the following calendar year, MMAL will comply with subparagraph (iii);

(iii) from the beginning of the calendar year following the decision of the Secretary mentioned in subparagraph (ii), MMAL must produce in Australia, in each ACIS year, at least 30 000 motor vehicles or at least 30 000 engines.

Dated 27 July 2004

IAN MACFARLANE

Minister for Industry, Tourism and Resources