37ZMClothing and Household Textile (BIC) scheme

37ZM Clothing and Household Textile (BIC) scheme

The Minister must, by legislative instrument, formulate a scheme (the Clothing and Household Textile (BIC) scheme) for the making of grants in connection with, or incidental to, the following: (a) the manufacture in Australia of products that, under the scheme, are taken to be eligible clothing and household textile products; (b) the design in Australia, for manufacture in Australia, of products: (i) that, under the scheme, are taken to be eligible clothing and household textile products; and (ii) some or all of which are intended to be sold in Australia; (c) the design in Australia, for manufacture outside Australia, of products to which both of the following apply, if the importation into Australia of some or all of the products is or will be covered by a designated industry program: (i) products that, under the scheme, are taken to be eligible clothing and household textile products; (ii) products, some or all of which are intended to be sold in Australia.

Note: Clothing and Household Textile (BIC) scheme is short for Clothing and Household Textile (Building Innovative Capability) scheme.