11Payment of grant

#### 11 Payment of grant (1) A grant, or instalment of a grant, is payable to a person, at a time or in relation to a period, if: (a) the grant agreement to which the person is party provides for the payment of the grant or instalment at the time or in relation to the period; and (b) the CEO of Austrade is satisfied that, at the time or in relation to the period, the person: (i) is eligible for a grant; and (ii) has had or will have eligible expenses in relation to eligible products; and (c) the CEO is satisfied that any other requirements prescribed by the rules for the purposes of this paragraph are met in relation to the payment of the grant or instalment. > Note: The amount of a grant is determined in accordance with Division 6. (2) The CEO must, on behalf of the Commonwealth, pay to the person a grant or instalment payable to the person under subsection (1). (3) Subsections (1) and (2) have effect subject to this Act and the rules, and the terms and conditions of the grant agreement. > Note: For example, a grant or instalment may not be payable if the person fails to comply with a requirement to give information under Part 3 (information gathering powers).