Commonwealth legislation

Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This declaration lifts the 2008 ban that prevented Australian businesses from claiming Export Market Development Grants (EMDG) for activities involving Iran, restoring their eligibility for the program.

It affects Australian exporters to Iran by allowing them to reclaim government support for promotion and marketing there, backdated to take effect from 17 January 2016—reducing costs as trade and diplomatic ties normalise.

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Current sections

Direct links to the current provisions in Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016.

Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016

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Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016

Export Market Development Grants Act 1997

I, Andrew Robb, Minister for Trade and Investment, make this Repeal Declaration under section 44 of the Export Market Development Grants Act 1997.

Dated: 10 February 2016

Andrew Robb

Minister for Trade and Investment

__________________________________________________________________________

Name of Declaration

This Declaration is the Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016.

2. Commencement

This Declaration comes into effect on 18 January 2016.

3. Repeal

The Export Market Development Grants (Iran Sanctions) Declaration 2008 is repealed, with effect from 17 January 2016.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

?xml version="1.0" encoding="utf-8" standalone="no"?>

Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016

Export Market Development Grants Act 1997

I, Andrew Robb, Minister for Trade and Investment, make this Repeal Declaration under section 44 of the Export Market Development Grants Act 1997.

Dated: 10 February 2016

Andrew Robb

Minister for Trade and Investment

__________________________________________________________________________

Name of Declaration

This Declaration is the Export Market Development Grants (Iran Sanctions) Repeal Declaration 2016.

2. Commencement

This Declaration comes into effect on 18 January 2016.

3. Repeal

The Export Market Development Grants (Iran Sanctions) Declaration 2008 is repealed, with effect from 17 January 2016.