sch.4-sec.2Purpose of assistance

### sch.4-sec.2 Purpose of assistance The purpose of assistance under the scheme is to provide concessional loans to sole traders, partnerships, proprietary companies and trusts carrying on primary production enterprises to assist the entities to meet working capital expenses. For subsection (1) , working capital expenses include, for example, the following— paying employee wages; paying creditors; paying rent and rates; buying goods, including fuel, for carrying on the business. However, for subsection (1) , the following are not working capital expenses— refinancing existing business loans or equipment finance; buying new equipment or other assets. sch 4 s 2 sub 2022 SL No. 15 s 5 (sch.4-sec.2-ssec.1) The purpose of assistance under the scheme is to provide concessional loans to sole traders, partnerships, proprietary companies and trusts carrying on primary production enterprises to assist the entities to meet working capital expenses. (sch.4-sec.2-ssec.2) For subsection (1) , working capital expenses include, for example, the following— paying employee wages; paying creditors; paying rent and rates; buying goods, including fuel, for carrying on the business. (sch.4-sec.2-ssec.3) However, for subsection (1) , the following are not working capital expenses— refinancing existing business loans or equipment finance; buying new equipment or other assets. - (a) paying employee wages; - (b) paying creditors; - (c) paying rent and rates; - (d) buying goods, including fuel, for carrying on the business. - (a) refinancing existing business loans or equipment finance; - (b) buying new equipment or other assets.