CTHIn ForceAct
Textile, Clothing and Footwear Investment and Innovation Programs Act 1999
37ZZGGuarantees relating to payment of scheme debts
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37ZZG Guarantees relating to payment of scheme debts
The Clothing and Household Textile (BIC) scheme may provide that an entity (the eligible entity) ascertained in accordance with the scheme: (a) is not eligible for an innovation grant; or (b) is not entitled to request an advance on account of an innovation grant; unless another entity ascertained in accordance with the scheme gives a guarantee to the Commonwealth that any scheme debts owed by the eligible entity will be paid.