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Rural and Regional Adjustment Regulation 2011
sch.38-sec.16Nature and amount of assistance
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### sch.38-sec.16 Nature and amount of assistance
The nature of the assistance available to an applicant under this part is the grant of financial assistance for—
a category B entity; or
a business collection.
The amount of assistance payable under this part in relation to a category B entity is—
$2,000,000, if—
the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and
on 30 June 2021, the entity had at least 50 employees in Queensland; and
paragraphs (b) and (c) do not apply; or
$3,000,000, if—
the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
on 30 June 2021, the entity had at least 200 employees in Queensland; and
paragraph (c) does not apply; or
$4,000,000, if—
the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
on 30 June 2021, the entity had at least 500 employees in Queensland.
The amount of assistance payable under this part in relation to a business collection is—
$2,000,000, if—
the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or all of the businesses comprising the collection have operated in Queensland for only part of the 2020–2021 financial year; and
on 30 June 2021, the collection had a combined total of at least 50 employees in Queensland; and
paragraphs (b) and (c) do not apply; or
$3,000,000, if—
the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
on 30 June 2021, the collection had a combined total of at least 200 employees in Queensland; and
paragraph (c) does not apply; or
$4,000,000, if—
the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
on 30 June 2021, the collection had a combined total of at least 500 employees in Queensland.
sch 38 s 16 ins 2021 SL No. 153 s 5
(sch.38-sec.16-ssec.1) The nature of the assistance available to an applicant under this part is the grant of financial assistance for— a category B entity; or a business collection.
(sch.38-sec.16-ssec.2) The amount of assistance payable under this part in relation to a category B entity is— $2,000,000, if— the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and on 30 June 2021, the entity had at least 50 employees in Queensland; and paragraphs (b) and (c) do not apply; or $3,000,000, if— the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and on 30 June 2021, the entity had at least 200 employees in Queensland; and paragraph (c) does not apply; or $4,000,000, if— the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and on 30 June 2021, the entity had at least 500 employees in Queensland.
(sch.38-sec.16-ssec.3) The amount of assistance payable under this part in relation to a business collection is— $2,000,000, if— the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or all of the businesses comprising the collection have operated in Queensland for only part of the 2020–2021 financial year; and on 30 June 2021, the collection had a combined total of at least 50 employees in Queensland; and paragraphs (b) and (c) do not apply; or $3,000,000, if— the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and on 30 June 2021, the collection had a combined total of at least 200 employees in Queensland; and paragraph (c) does not apply; or $4,000,000, if— the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and on 30 June 2021, the collection had a combined total of at least 500 employees in Queensland.
- (a) a category B entity; or
- (b) a business collection.
- (a) $2,000,000, if— (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and (ii) on 30 June 2021, the entity had at least 50 employees in Queensland; and (iii) paragraphs (b) and (c) do not apply; or
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and
- (ii) on 30 June 2021, the entity had at least 50 employees in Queensland; and
- (iii) paragraphs (b) and (c) do not apply; or
- (b) $3,000,000, if— (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and (ii) on 30 June 2021, the entity had at least 200 employees in Queensland; and (iii) paragraph (c) does not apply; or
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
- (ii) on 30 June 2021, the entity had at least 200 employees in Queensland; and
- (iii) paragraph (c) does not apply; or
- (c) $4,000,000, if— (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and (ii) on 30 June 2021, the entity had at least 500 employees in Queensland.
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
- (ii) on 30 June 2021, the entity had at least 500 employees in Queensland.
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and
- (ii) on 30 June 2021, the entity had at least 50 employees in Queensland; and
- (iii) paragraphs (b) and (c) do not apply; or
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
- (ii) on 30 June 2021, the entity had at least 200 employees in Queensland; and
- (iii) paragraph (c) does not apply; or
- (i) the entity’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
- (ii) on 30 June 2021, the entity had at least 500 employees in Queensland.
- (a) $2,000,000, if— (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or all of the businesses comprising the collection have operated in Queensland for only part of the 2020–2021 financial year; and (ii) on 30 June 2021, the collection had a combined total of at least 50 employees in Queensland; and (iii) paragraphs (b) and (c) do not apply; or
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or all of the businesses comprising the collection have operated in Queensland for only part of the 2020–2021 financial year; and
- (ii) on 30 June 2021, the collection had a combined total of at least 50 employees in Queensland; and
- (iii) paragraphs (b) and (c) do not apply; or
- (b) $3,000,000, if— (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and (ii) on 30 June 2021, the collection had a combined total of at least 200 employees in Queensland; and (iii) paragraph (c) does not apply; or
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
- (ii) on 30 June 2021, the collection had a combined total of at least 200 employees in Queensland; and
- (iii) paragraph (c) does not apply; or
- (c) $4,000,000, if— (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and (ii) on 30 June 2021, the collection had a combined total of at least 500 employees in Queensland.
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
- (ii) on 30 June 2021, the collection had a combined total of at least 500 employees in Queensland.
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $25,000,000 or all of the businesses comprising the collection have operated in Queensland for only part of the 2020–2021 financial year; and
- (ii) on 30 June 2021, the collection had a combined total of at least 50 employees in Queensland; and
- (iii) paragraphs (b) and (c) do not apply; or
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $100,000,000; and
- (ii) on 30 June 2021, the collection had a combined total of at least 200 employees in Queensland; and
- (iii) paragraph (c) does not apply; or
- (i) the combined total of the collection’s annual turnover in Queensland for any of the relevant financial years was not less than $200,000,000; and
- (ii) on 30 June 2021, the collection had a combined total of at least 500 employees in Queensland.