sch.51-sec.6Nature and amount of assistance

### sch.51-sec.6 Nature and amount of assistance The nature of assistance available under the scheme is a grant of financial assistance to an eligible entity for an eligible project. However, a grant of financial assistance is not available for any of the following costs in relation to an eligible project— employee allowances, bonuses or fringe benefits; conference fees; entertainment costs; inventory and warehousing costs; costs related to securing or managing a grant; costs related to general administration or operational activities. The maximum amount of the financial assistance available under a round of the scheme for an eligible entity for an eligible project is the total of— the lesser of the following amounts— $100,000; 50% of the total cost of the eligible project (exclusive of GST and of any costs mentioned in subsection (2) ); and an amount for any GST payable in relation to the granting of financial assistance under the scheme. sch 51 s 6 ins 2023 SL No. 86 s 3 (sch.51-sec.6-ssec.1) The nature of assistance available under the scheme is a grant of financial assistance to an eligible entity for an eligible project. (sch.51-sec.6-ssec.2) However, a grant of financial assistance is not available for any of the following costs in relation to an eligible project— employee allowances, bonuses or fringe benefits; conference fees; entertainment costs; inventory and warehousing costs; costs related to securing or managing a grant; costs related to general administration or operational activities. (sch.51-sec.6-ssec.3) The maximum amount of the financial assistance available under a round of the scheme for an eligible entity for an eligible project is the total of— the lesser of the following amounts— $100,000; 50% of the total cost of the eligible project (exclusive of GST and of any costs mentioned in subsection (2) ); and an amount for any GST payable in relation to the granting of financial assistance under the scheme. - (a) employee allowances, bonuses or fringe benefits; - (b) conference fees; - (c) entertainment costs; - (d) inventory and warehousing costs; - (e) costs related to securing or managing a grant; - (f) costs related to general administration or operational activities. - (a) the lesser of the following amounts— (i) $100,000; (ii) 50% of the total cost of the eligible project (exclusive of GST and of any costs mentioned in subsection (2) ); and - (i) $100,000; - (ii) 50% of the total cost of the eligible project (exclusive of GST and of any costs mentioned in subsection (2) ); and - (b) an amount for any GST payable in relation to the granting of financial assistance under the scheme. - (i) $100,000; - (ii) 50% of the total cost of the eligible project (exclusive of GST and of any costs mentioned in subsection (2) ); and