CTHRepealedAct
ACIS Administration Act 1999
32Ongoing requirement of AMTP registration
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#### 32 Ongoing requirement of AMTP registration
The ongoing requirement of registration of an AMTP is:
(a) unless paragraph (b) applies:
(i) that the production value of the automotive machine tools and automotive tooling produced by the AMTP in Australia, in each period required under section 34, must be at least $500,000; and
(ii) that at least 50% of that production value must have been for automotive machine tools and automotive tooling used to produce original equipment; or
(b) if the AMTP had been registered following the Minister’s permission, under section 20, to apply for that registration—that the AMTP comply with the conditions relating to ongoing registration specified by the Minister in granting that permission.