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Rural and Regional Adjustment Regulation 2011
sch.65-sec.6Nature of assistance
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### sch.65-sec.6 Nature of assistance
The nature of the financial assistance available under the scheme is a rebate to offset the cost of purchasing and installing an eligible solar PV system at an eligible residence.
The amount of the assistance is the lesser of the following—
the cost of purchasing and installing the eligible solar PV system;
the maximum rebate for the system.
In this section—
maximum rebate , for an eligible solar PV system, means—
if the system has a system capacity of at least 3kW but less than 4kW—$2,500; or
if the system has a system capacity of at least 4kW but less than 5kW—$3,000; or
if the system has a system capacity of 5kW or more—$3,500.
(sch.65-sec.6-ssec.1) The nature of the financial assistance available under the scheme is a rebate to offset the cost of purchasing and installing an eligible solar PV system at an eligible residence.
(sch.65-sec.6-ssec.2) The amount of the assistance is the lesser of the following— the cost of purchasing and installing the eligible solar PV system; the maximum rebate for the system.
(sch.65-sec.6-ssec.3) In this section— maximum rebate , for an eligible solar PV system, means— if the system has a system capacity of at least 3kW but less than 4kW—$2,500; or if the system has a system capacity of at least 4kW but less than 5kW—$3,000; or if the system has a system capacity of 5kW or more—$3,500.
- (a) the cost of purchasing and installing the eligible solar PV system;
- (b) the maximum rebate for the system.
- (a) if the system has a system capacity of at least 3kW but less than 4kW—$2,500; or
- (b) if the system has a system capacity of at least 4kW but less than 5kW—$3,000; or
- (c) if the system has a system capacity of 5kW or more—$3,500.