sch.59-sec.20Eligibility criteria

### sch.59-sec.20 Eligibility criteria An applicant is eligible for assistance for an eligible business under this part of the scheme if— the applicant is the owner of the eligible business; and the applicant declares that at least 75% of the income of the eligible business has been, or is projected to be, lost because the eligible business relied on fish taken— under the fishery symbol ‘N1’, ‘N2’ or ‘N4’; or from a relevant Great Sandy fishery that was, or will be, affected by the commencement of— the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or the Marine Parks (Great Sandy) Zoning Plan 2024 ; and the applicant demonstrates, to the satisfaction of the authority, that the declaration in paragraph (b) is correct, including the provision of evidence supporting the declaration; and a statement from a qualified financial adviser the applicant gives the authority a diversification plan for the eligible business that complies with section 17 ; and the authority is satisfied the diversification plan for the eligible business— is practically feasible; and is reasonably likely to return value for money for the eligible business; and is reasonably likely to improve 1 or more of the following— the profit of the eligible business; the number of people employed by the eligible business; the resilience of the eligible business; the business skills of an interested person for the eligible business; and the applicant declares they will contribute at least 50% of the money to implement the diversification plan for the eligible business; and the authority is satisfied the applicant will contribute 50% of the money to implement the diversification plan. An applicant is ineligible for assistance for an eligible business under this part of the scheme if— the applicant has already received the maximum amount of assistance under this part; or the diversification plan for the eligible business includes a proposal to use the assistance, or the money contributed by the applicant to implement the plan, to pay for operational expenses. In this section— relevant Great Sandy fishery means a commercial fishery in the Great Sandy region for which 1 of the following fishery symbols is or was the fishery symbol for the fishery— ‘A1’, ‘A2’, ‘C1’, ‘C2’; ‘K8’, ‘L1’, ‘L2’, ‘L3’; ‘N1’, ‘N2’, ‘N10’, ‘N11’; ‘T1’, ‘T2’, ‘T5’, ‘T6’, ‘T7’. (sch.59-sec.20-ssec.1) An applicant is eligible for assistance for an eligible business under this part of the scheme if— the applicant is the owner of the eligible business; and the applicant declares that at least 75% of the income of the eligible business has been, or is projected to be, lost because the eligible business relied on fish taken— under the fishery symbol ‘N1’, ‘N2’ or ‘N4’; or from a relevant Great Sandy fishery that was, or will be, affected by the commencement of— the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or the Marine Parks (Great Sandy) Zoning Plan 2024 ; and the applicant demonstrates, to the satisfaction of the authority, that the declaration in paragraph (b) is correct, including the provision of evidence supporting the declaration; and a statement from a qualified financial adviser the applicant gives the authority a diversification plan for the eligible business that complies with section 17 ; and the authority is satisfied the diversification plan for the eligible business— is practically feasible; and is reasonably likely to return value for money for the eligible business; and is reasonably likely to improve 1 or more of the following— the profit of the eligible business; the number of people employed by the eligible business; the resilience of the eligible business; the business skills of an interested person for the eligible business; and the applicant declares they will contribute at least 50% of the money to implement the diversification plan for the eligible business; and the authority is satisfied the applicant will contribute 50% of the money to implement the diversification plan. (sch.59-sec.20-ssec.2) An applicant is ineligible for assistance for an eligible business under this part of the scheme if— the applicant has already received the maximum amount of assistance under this part; or the diversification plan for the eligible business includes a proposal to use the assistance, or the money contributed by the applicant to implement the plan, to pay for operational expenses. (sch.59-sec.20-ssec.3) In this section— relevant Great Sandy fishery means a commercial fishery in the Great Sandy region for which 1 of the following fishery symbols is or was the fishery symbol for the fishery— ‘A1’, ‘A2’, ‘C1’, ‘C2’; ‘K8’, ‘L1’, ‘L2’, ‘L3’; ‘N1’, ‘N2’, ‘N10’, ‘N11’; ‘T1’, ‘T2’, ‘T5’, ‘T6’, ‘T7’. - (a) the applicant is the owner of the eligible business; and - (b) the applicant declares that at least 75% of the income of the eligible business has been, or is projected to be, lost because the eligible business relied on fish taken— (i) under the fishery symbol ‘N1’, ‘N2’ or ‘N4’; or (ii) from a relevant Great Sandy fishery that was, or will be, affected by the commencement of— (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (i) under the fishery symbol ‘N1’, ‘N2’ or ‘N4’; or - (ii) from a relevant Great Sandy fishery that was, or will be, affected by the commencement of— (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or - (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (c) the applicant demonstrates, to the satisfaction of the authority, that the declaration in paragraph (b) is correct, including the provision of evidence supporting the declaration; and Example of evidence to support the declaration in paragraph (b) — a statement from a qualified financial adviser - (d) the applicant gives the authority a diversification plan for the eligible business that complies with section 17 ; and - (e) the authority is satisfied the diversification plan for the eligible business— (i) is practically feasible; and (ii) is reasonably likely to return value for money for the eligible business; and (iii) is reasonably likely to improve 1 or more of the following— (A) the profit of the eligible business; (B) the number of people employed by the eligible business; (C) the resilience of the eligible business; (D) the business skills of an interested person for the eligible business; and - (i) is practically feasible; and - (ii) is reasonably likely to return value for money for the eligible business; and - (iii) is reasonably likely to improve 1 or more of the following— (A) the profit of the eligible business; (B) the number of people employed by the eligible business; (C) the resilience of the eligible business; (D) the business skills of an interested person for the eligible business; and - (A) the profit of the eligible business; - (B) the number of people employed by the eligible business; - (C) the resilience of the eligible business; - (D) the business skills of an interested person for the eligible business; and - (f) the applicant declares they will contribute at least 50% of the money to implement the diversification plan for the eligible business; and - (g) the authority is satisfied the applicant will contribute 50% of the money to implement the diversification plan. - (i) under the fishery symbol ‘N1’, ‘N2’ or ‘N4’; or - (ii) from a relevant Great Sandy fishery that was, or will be, affected by the commencement of— (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or - (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (A) the Fisheries and Other Legislation (Structural Reform) Amendment Regulation 2023 , part 2 ; or - (B) the Marine Parks (Great Sandy) Zoning Plan 2024 ; and - (i) is practically feasible; and - (ii) is reasonably likely to return value for money for the eligible business; and - (iii) is reasonably likely to improve 1 or more of the following— (A) the profit of the eligible business; (B) the number of people employed by the eligible business; (C) the resilience of the eligible business; (D) the business skills of an interested person for the eligible business; and - (A) the profit of the eligible business; - (B) the number of people employed by the eligible business; - (C) the resilience of the eligible business; - (D) the business skills of an interested person for the eligible business; and - (A) the profit of the eligible business; - (B) the number of people employed by the eligible business; - (C) the resilience of the eligible business; - (D) the business skills of an interested person for the eligible business; and - (a) the applicant has already received the maximum amount of assistance under this part; or - (b) the diversification plan for the eligible business includes a proposal to use the assistance, or the money contributed by the applicant to implement the plan, to pay for operational expenses. - (a) ‘A1’, ‘A2’, ‘C1’, ‘C2’; - (b) ‘K8’, ‘L1’, ‘L2’, ‘L3’; - (c) ‘N1’, ‘N2’, ‘N10’, ‘N11’; - (d) ‘T1’, ‘T2’, ‘T5’, ‘T6’, ‘T7’.