Part 2Working out production and investment amounts for ATS participants

Part 2—Working out production and investment amounts for ATS participants

General notes:

There are several matters for which provision is made by the Regulations that are taken into account in working out amounts in the Order, including the following:

Regulation 1.18 provides for a maximum claimable value for allowable plant and equipment for an MVP and regulation 1.19 does the same for a non‑MVP. Regulation 1.17 defines allowable plant and equipment.

Regulation 1.21 provides for a maximum claimable value for allowable research and development for an MVP and regulation 1.22 does the same for a non‑MVP. Regulation 1.20 defines allowable research and development.

Regulation 1.25 provides for maximum claimable value for allowable production for an MVP.

Regulation 3.11 provides for a sales‑based cap for the payment of assistance.

Also, under regulation 3.10, capped assistance is to be divided 55% to 45% in an ATS year in favour of MVPs over non‑MVPs.

Payment of capped investment amounts under the Order are to be worked out using a rolling average based on the number of relevant quarters applicable to the ATS participant. Division 3.1 of the Regulations requires an ATS participant to prepare and lodge quarterly returns and provides for the content of those returns.