20Cost of valuation

20 Cost of valuation

(1) Where: (a) a grant becomes payable to a shipowner in respect of a ship; (b) the amount of the grant is related to a price or cost determined under section 18; and (c) the determination was made having regard to a valuation under section 19; then: (d) the cost of the valuation is payable by the shipowner; (e) that cost may be deducted from the amount of the grant; and (f) where the cost is so deducted, the grant shall, notwithstanding the deduction, be deemed to have been paid in full. (2) If: (a) a valuation under section 19 is made in relation to a claim for a grant; but (b) the grant does not become payable; the Secretary shall inform the claimant of the cost of the valuation and, where the Secretary does so, the claimant is liable to pay the cost of the valuation to the Commonwealth.