sch.48-sec.7Nature of assistance

### sch.48-sec.7 Nature of assistance The nature of the assistance available under the scheme is a grant of financial assistance for eligible costs for an eligible project. The maximum amount of the financial assistance available under the scheme is the total of— 50% of the eligible costs of an eligible project (exclusive of GST), up to a maximum amount of $20,000; and an amount for any GST payable in relation to the granting of financial assistance under the scheme. The minimum amount of the main component of the financial assistance available under the scheme is $5,000. See section 12 for when the authority must reject an application for assistance. In this section— eligible costs , of an eligible project, means any cost of the project other than a cost mentioned in section 8 (1) . sch 48 s 7 ins 2023 SL No. 35 s 6 (sch.48-sec.7-ssec.1) The nature of the assistance available under the scheme is a grant of financial assistance for eligible costs for an eligible project. (sch.48-sec.7-ssec.2) The maximum amount of the financial assistance available under the scheme is the total of— 50% of the eligible costs of an eligible project (exclusive of GST), up to a maximum amount of $20,000; and an amount for any GST payable in relation to the granting of financial assistance under the scheme. (sch.48-sec.7-ssec.3) The minimum amount of the main component of the financial assistance available under the scheme is $5,000. See section 12 for when the authority must reject an application for assistance. (sch.48-sec.7-ssec.4) In this section— eligible costs , of an eligible project, means any cost of the project other than a cost mentioned in section 8 (1) . - (a) 50% of the eligible costs of an eligible project (exclusive of GST), up to a maximum amount of $20,000; and - (b) an amount for any GST payable in relation to the granting of financial assistance under the scheme.