The CEO of Austrade may, from time to time, invite persons to apply for grants under this Act.

If the CEO is satisfied that an applicant is eligible for a grant, will have eligible expenses in relation to eligible products and meets any other requirements in the rules, the CEO may enter into a grant agreement with the person under which the grant will be paid.

To be eligible for a grant, a person must be Australian and (in most cases) be ready to export, or already exporting, products of substantially Australian origin. The rules specify other conditions that must be met.

A grantee must spend the grant money, as well as at least a matching amount of their own money, on eligible expenses in relation to eligible products.

The rules specify the kinds of expenses that grants are to be used for. Broadly, expenses must be in respect of promotional activities to market eligible products in foreign countries, or training activities to develop skills in such marketing.

A grantee must comply with this Act and the rules, and with the terms and conditions of the grant agreement.

The amount of a grant to be made to a grantee is determined in accordance with the rules.

Certain decisions of the CEO are reviewable by the Administrative Review Tribunal.