sch.46-sec.7Meaning of eligible recovery activity

### sch.46-sec.7 Meaning of eligible recovery activity An eligible recovery activity , for a medium to large business, includes any of the following activities undertaken by or for the business because of an eligible disaster— repairing or replacing damaged plant or equipment; repairing or replacing a building— to the standard existing before the eligible disaster; or in a way that makes the building more resilient to a natural disaster; repairing the primary access to, and exit from, the business; relocating the business, or critical infrastructure of the business, to another area in the local government area in which the business is located or in an adjacent local government area, if the authority is satisfied the relocation— is to mitigate the effect of any potential future natural disaster; and does not include making substantive improvements to the production capacity of the business; carrying out works for flood mitigation; purchasing livestock to replace livestock lost in the disaster; purchasing 1 month’s supply of stock— to replace stock lost in the disaster; and to enable the business to carry on its operations and maintain its liquidity; carrying out works or other acts that enable the business to carry on its operations, including— replanting, restoring or re-establishing areas of the business affected by the eligible disaster; or paying rent and rates. sch 46 s 7 ins 2022 SL No. 138 s 8 - (a) repairing or replacing damaged plant or equipment; - (b) repairing or replacing a building— (i) to the standard existing before the eligible disaster; or (ii) in a way that makes the building more resilient to a natural disaster; - (i) to the standard existing before the eligible disaster; or - (ii) in a way that makes the building more resilient to a natural disaster; - (c) repairing the primary access to, and exit from, the business; - (d) relocating the business, or critical infrastructure of the business, to another area in the local government area in which the business is located or in an adjacent local government area, if the authority is satisfied the relocation— (i) is to mitigate the effect of any potential future natural disaster; and (ii) does not include making substantive improvements to the production capacity of the business; - (i) is to mitigate the effect of any potential future natural disaster; and - (ii) does not include making substantive improvements to the production capacity of the business; - (e) carrying out works for flood mitigation; - (f) purchasing livestock to replace livestock lost in the disaster; - (g) purchasing 1 month’s supply of stock— (i) to replace stock lost in the disaster; and (ii) to enable the business to carry on its operations and maintain its liquidity; - (i) to replace stock lost in the disaster; and - (ii) to enable the business to carry on its operations and maintain its liquidity; - (h) carrying out works or other acts that enable the business to carry on its operations, including— (i) replanting, restoring or re-establishing areas of the business affected by the eligible disaster; or (ii) paying rent and rates. - (i) replanting, restoring or re-establishing areas of the business affected by the eligible disaster; or - (ii) paying rent and rates. - (i) to the standard existing before the eligible disaster; or - (ii) in a way that makes the building more resilient to a natural disaster; - (i) is to mitigate the effect of any potential future natural disaster; and - (ii) does not include making substantive improvements to the production capacity of the business; - (i) to replace stock lost in the disaster; and - (ii) to enable the business to carry on its operations and maintain its liquidity; - (i) replanting, restoring or re-establishing areas of the business affected by the eligible disaster; or - (ii) paying rent and rates.