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Rural and Regional Adjustment Regulation 2011
sch.31-sec.8Eligibility criteria
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### sch.31-sec.8 Eligibility criteria
An applicant is eligible for a loan under the scheme if—
the applicant demonstrates the following to the authority’s satisfaction—
the applicant is a prawn farmer;
the applicant has been carrying on a prawn farming primary production enterprise for at least 2 years;
some or all of the prawn farming primary production enterprise is located on the Logan River catchment or Albert River catchment;
the applicant’s non-enterprise or liquid assets are no more than the amount needed for prudent risk management of the prawn farming primary production enterprise;
the applicant has sound prospects for commercial viability in the long term;
the applicant can service the loan; and
the applicant gives the authority a management plan that outlines the intended outcomes associated with the activities for which the applicant is applying for the loan; and
if the loan is sought for activities that require a licence, permit or other approval—
the applicant gives the authority a copy of the licence, permit or approval; or
the applicant demonstrates to the authority’s satisfaction that the applicant can acquire the licence, permit or approval.
In this section—
management plan , for an applicant applying for a loan under the scheme, means a plan that—
includes details of the activities for which the applicant is applying for the loan; and
states how the activities will—
improve the productivity and viability of the applicant’s prawn farming primary production enterprise; or
improve the biosecurity controls of the applicant’s prawn farming primary production enterprise; or
diversify the source of the applicant’s income; and
complies with the guidelines for management plans under the scheme that are issued by the authority.
A copy of the guidelines for management plans under the scheme may be obtained from the authority.
sch 31 s 8 ins 2017 SL No. 123 s 7
(sch.31-sec.8-ssec.1) An applicant is eligible for a loan under the scheme if— the applicant demonstrates the following to the authority’s satisfaction— the applicant is a prawn farmer; the applicant has been carrying on a prawn farming primary production enterprise for at least 2 years; some or all of the prawn farming primary production enterprise is located on the Logan River catchment or Albert River catchment; the applicant’s non-enterprise or liquid assets are no more than the amount needed for prudent risk management of the prawn farming primary production enterprise; the applicant has sound prospects for commercial viability in the long term; the applicant can service the loan; and the applicant gives the authority a management plan that outlines the intended outcomes associated with the activities for which the applicant is applying for the loan; and if the loan is sought for activities that require a licence, permit or other approval— the applicant gives the authority a copy of the licence, permit or approval; or the applicant demonstrates to the authority’s satisfaction that the applicant can acquire the licence, permit or approval.
(sch.31-sec.8-ssec.2) In this section— management plan , for an applicant applying for a loan under the scheme, means a plan that— includes details of the activities for which the applicant is applying for the loan; and states how the activities will— improve the productivity and viability of the applicant’s prawn farming primary production enterprise; or improve the biosecurity controls of the applicant’s prawn farming primary production enterprise; or diversify the source of the applicant’s income; and complies with the guidelines for management plans under the scheme that are issued by the authority. A copy of the guidelines for management plans under the scheme may be obtained from the authority.
- (a) the applicant demonstrates the following to the authority’s satisfaction— (i) the applicant is a prawn farmer; (ii) the applicant has been carrying on a prawn farming primary production enterprise for at least 2 years; (iii) some or all of the prawn farming primary production enterprise is located on the Logan River catchment or Albert River catchment; (iv) the applicant’s non-enterprise or liquid assets are no more than the amount needed for prudent risk management of the prawn farming primary production enterprise; (v) the applicant has sound prospects for commercial viability in the long term; (vi) the applicant can service the loan; and
- (i) the applicant is a prawn farmer;
- (ii) the applicant has been carrying on a prawn farming primary production enterprise for at least 2 years;
- (iii) some or all of the prawn farming primary production enterprise is located on the Logan River catchment or Albert River catchment;
- (iv) the applicant’s non-enterprise or liquid assets are no more than the amount needed for prudent risk management of the prawn farming primary production enterprise;
- (v) the applicant has sound prospects for commercial viability in the long term;
- (vi) the applicant can service the loan; and
- (b) the applicant gives the authority a management plan that outlines the intended outcomes associated with the activities for which the applicant is applying for the loan; and
- (c) if the loan is sought for activities that require a licence, permit or other approval— (i) the applicant gives the authority a copy of the licence, permit or approval; or (ii) the applicant demonstrates to the authority’s satisfaction that the applicant can acquire the licence, permit or approval.
- (i) the applicant gives the authority a copy of the licence, permit or approval; or
- (ii) the applicant demonstrates to the authority’s satisfaction that the applicant can acquire the licence, permit or approval.
- (i) the applicant is a prawn farmer;
- (ii) the applicant has been carrying on a prawn farming primary production enterprise for at least 2 years;
- (iii) some or all of the prawn farming primary production enterprise is located on the Logan River catchment or Albert River catchment;
- (iv) the applicant’s non-enterprise or liquid assets are no more than the amount needed for prudent risk management of the prawn farming primary production enterprise;
- (v) the applicant has sound prospects for commercial viability in the long term;
- (vi) the applicant can service the loan; and
- (i) the applicant gives the authority a copy of the licence, permit or approval; or
- (ii) the applicant demonstrates to the authority’s satisfaction that the applicant can acquire the licence, permit or approval.
- (a) includes details of the activities for which the applicant is applying for the loan; and
- (b) states how the activities will— (i) improve the productivity and viability of the applicant’s prawn farming primary production enterprise; or (ii) improve the biosecurity controls of the applicant’s prawn farming primary production enterprise; or (iii) diversify the source of the applicant’s income; and
- (i) improve the productivity and viability of the applicant’s prawn farming primary production enterprise; or
- (ii) improve the biosecurity controls of the applicant’s prawn farming primary production enterprise; or
- (iii) diversify the source of the applicant’s income; and
- (c) complies with the guidelines for management plans under the scheme that are issued by the authority. Note— A copy of the guidelines for management plans under the scheme may be obtained from the authority.
- (i) improve the productivity and viability of the applicant’s prawn farming primary production enterprise; or
- (ii) improve the biosecurity controls of the applicant’s prawn farming primary production enterprise; or
- (iii) diversify the source of the applicant’s income; and