Commonwealth Numbered Acts

TEXTILES, CLOTHING AND FOOTWEAR DEVELOPMENT AUTHORITY ACT 1988 No. 14 of 1988 - SECT 37

37. (1) An application for financial assistance under the program shall be
made in writing to the Authority.

(2) A producer applying for financial assistance under the program shall
submit to the Authority:

   (a)  a business plan aimed at increasing the producer's production for
        export of TCF products so that that production during each
        prescribed year in relation to the plan will exceed the producer's
        production for export during the year immediately preceding the date
        of the plan by not less than 30% of the total production of
        TCF products by the producer during that prescribed year; or

   (b)  a business plan:

        (i)    aimed at substantially increasing the production by the
               producer of TCF products that will replace on the Australian
               market similar products imported into Australia; and

        (ii)   that will, in the opinion of the Authority, enable the
               producer, after the period during which assistance is granted
               to the producer under the program, to maintain the production
               of those products at the level attained at the end of that
               period, without being dependent on assistance from the
               Commonwealth Government in excess of the average assistance
               granted to the manufacturing industries in Australia.

(3) A plan submitted by a producer under subsection (2) shall contain
proposals for:

   (a)  minimising involuntary reductions of employment in the producer's
        business; and

   (b)  consulting trade unions and employees.

(4) In subsection (2):

"prescribed year", in relation to a business plan, means:

   (a)  the fifth year after the commencement of the implementation of the
        plan; and

   (b)  each subsequent year.