Commonwealth Consolidated Acts

TEXTILE, CLOTHING AND FOOTWEAR INVESTMENT AND INNOVATION PROGRAMS ACT 1999 - SECT 37ZZG

    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.