sch.43-sec.5Nature and amount of assistance

### sch.43-sec.5 Nature and amount of assistance The nature of assistance available under the scheme is a grant of financial assistance to an entity for an eligible project. The amount of financial assistance available is up to 50% of the total project cost for an eligible project, to a maximum amount of $3m. In this section— total project cost , for an eligible project— means the total of the capital costs for— purchasing infrastructure for the project; and installing and commissioning the infrastructure; but does not include a cost— related to purchasing land on which the infrastructure will be installed; or related to preparing an expression of interest or application for financial assistance under the scheme; or related to sales or promotional activity for the project; or incurred after the infrastructure is installed and ready for use, including for example, any cost for ongoing maintenance, administration, operation or subsequent improvement of the infrastructure. sch 43 s 5 ins 2022 SL No. 90 s 5 (sch.43-sec.5-ssec.1) The nature of assistance available under the scheme is a grant of financial assistance to an entity for an eligible project. (sch.43-sec.5-ssec.2) The amount of financial assistance available is up to 50% of the total project cost for an eligible project, to a maximum amount of $3m. (sch.43-sec.5-ssec.3) In this section— total project cost , for an eligible project— means the total of the capital costs for— purchasing infrastructure for the project; and installing and commissioning the infrastructure; but does not include a cost— related to purchasing land on which the infrastructure will be installed; or related to preparing an expression of interest or application for financial assistance under the scheme; or related to sales or promotional activity for the project; or incurred after the infrastructure is installed and ready for use, including for example, any cost for ongoing maintenance, administration, operation or subsequent improvement of the infrastructure. - (a) means the total of the capital costs for— (i) purchasing infrastructure for the project; and (ii) installing and commissioning the infrastructure; but - (i) purchasing infrastructure for the project; and - (ii) installing and commissioning the infrastructure; but - (b) does not include a cost— (i) related to purchasing land on which the infrastructure will be installed; or (ii) related to preparing an expression of interest or application for financial assistance under the scheme; or (iii) related to sales or promotional activity for the project; or (iv) incurred after the infrastructure is installed and ready for use, including for example, any cost for ongoing maintenance, administration, operation or subsequent improvement of the infrastructure. - (i) related to purchasing land on which the infrastructure will be installed; or - (ii) related to preparing an expression of interest or application for financial assistance under the scheme; or - (iii) related to sales or promotional activity for the project; or - (iv) incurred after the infrastructure is installed and ready for use, including for example, any cost for ongoing maintenance, administration, operation or subsequent improvement of the infrastructure. - (i) purchasing infrastructure for the project; and - (ii) installing and commissioning the infrastructure; but - (i) related to purchasing land on which the infrastructure will be installed; or - (ii) related to preparing an expression of interest or application for financial assistance under the scheme; or - (iii) related to sales or promotional activity for the project; or - (iv) incurred after the infrastructure is installed and ready for use, including for example, any cost for ongoing maintenance, administration, operation or subsequent improvement of the infrastructure.