sch.5-sec.2Purpose of assistance

### sch.5-sec.2 Purpose of assistance The purpose of assistance under the scheme is to provide interest-free loans to sole traders, partnerships, proprietary companies and trusts that are 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 5 s 2 sub 2022 SL No. 15 s 5 (sch.5-sec.2-ssec.1) The purpose of assistance under the scheme is to provide interest-free loans to sole traders, partnerships, proprietary companies and trusts that are carrying on primary production enterprises to assist the entities to meet working capital expenses. (sch.5-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.5-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.