sch.26-sec.10Eligibility criteria—non-profit organisation

### sch.26-sec.10 Eligibility criteria—non-profit organisation An applicant is eligible for assistance under the scheme if the authority is satisfied— the applicant is a non-profit organisation; and the applicant has 1 or more equivalent full-time employees in Queensland; and the applicant has operated continuously since at least 1 July 2017; and the applicant has suffered a loss of income as a result of COVID–19; and the applicant is considered viable under normal business conditions; and the applicant is able to service the loan under normal business conditions; and the applicant intends to continue operations after receiving the loan; and the applicant intends to use any surplus liquid reserves or normal credit sources up to normal credit limits, in conjunction with the loan, to continue operations. sch 26 s 10 orig sch 26 s 10 ins 2013 SL No. 194 s 5 om 2014 SL No. 51 s 6 prev sch 26 s 10 ins 2015 SL No. 125 s 10 om 2019 SL No. 71 s 59 sch 1 pres sch 26 s 10 ins 2020 SL No. 36 s 4 - (a) the applicant is a non-profit organisation; and - (b) the applicant has 1 or more equivalent full-time employees in Queensland; and - (c) the applicant has operated continuously since at least 1 July 2017; and - (d) the applicant has suffered a loss of income as a result of COVID–19; and - (e) the applicant is considered viable under normal business conditions; and - (f) the applicant is able to service the loan under normal business conditions; and - (g) the applicant intends to continue operations after receiving the loan; and - (h) the applicant intends to use any surplus liquid reserves or normal credit sources up to normal credit limits, in conjunction with the loan, to continue operations.