49Categories of grant agreements

49 Categories of grant agreements

(1) A grant agreement is a tier 1 agreement if, at the time the agreement is entered into, the grantee satisfies the condition in paragraph 16(2)(a) of the Act (ready to export eligible products). (2) A grant agreement is a tier 2 agreement if, at the time the agreement is entered into: (a) the grantee satisfies the condition in paragraph 16(2)(b) of the Act (exporting eligible products and seeking to expand export promotion activity); and (b) the agreement is not a tier 3 agreement. (3) A grant agreement is a tier 3 agreement if: (a) at the time the grant agreement is entered into, the grantee satisfies the condition in paragraph 16(2)(b) of the Act (exporting eligible products and seeking to expand export promotion activity); and (b) the agreement includes a requirement that the grantee make a strategic shift in the marketing of eligible products in a foreign country. (4) A grant agreement is a representative agreement if the grantee is a representative body.