424AArrangements and grants in relation to the phasing out of the export of live sheep by sea

424A  Arrangements and grants in relation to the phasing out of the export of live sheep by sea  (1) The Minister may, on behalf of the Commonwealth:  (a) make, vary or administer an arrangement for the making of payments by the Commonwealth; or  (b) make, vary or administer a grant of financial assistance; in relation to activities covered by subsection (2).  (2) This subsection covers the following activities, so far as they relate to preparing for, or adapting or responding to, the phasing out of the export of live sheep by sea:  (a) activities to assist sheep producers and sheep supply chain businesses to prepare for, or adapt or respond to, that phasing out by taking up interstate or international market opportunities for Australian sheep products;  (b) activities to assist businesses to prepare for, or adapt or respond to, that phasing out by developing greater sheep processing capacity in Australia for the purposes of taking up interstate or international market opportunities for Australian sheep products;  (c) activities to enhance demand in interstate or international markets for Australian sheep products and to explore opportunities to support the maintenance and development of those markets;  (d) activities to explore or develop opportunities to diversify markets for Australian agriculture and food in the Middle East and North African region.  (3) An arrangement under subsection (1) may provide for the Commonwealth to reimburse, or partly reimburse, costs or expenses.  (4) A grant under subsection (1) may be made by way of the reimbursement, or partial reimbursement, of costs or expenses.  (5) Subsections (3) and (4) do not limit subsection (1). Definitions  (6) In this section: administer an arrangement includes give effect to. arrangement includes a contract, agreement, deed or understanding. interstate includes:  (a) between a State and a Territory; and  (b) between 2 Territories; and  (c) within a Territory. make an arrangement includes enter into.