Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) In assessing an application for approval as an approved body under section 88 of the Act, the CEO of Austrade must be satisfied that the body complies with subregulation (2).
(2) The body must:
(a) be one of the following:
(i) a national non‑profit industry organisation;
(ii) a State or Territory non‑profit industry organisation;
(iii) a regional non‑profit industry organisation; and
(b) represent all members of an industry, or members making up a substantial part of an industry; and
(c) be unable to distribute income to members or shareholders; and
(d) not export products, unless exporting is an ancillary part of the body's activities; and
(e) operate for the benefit of third parties; and
(f) be capable of undertaking promotional activities; and
(g) engage in promotional activities that:
(i) promote Australian products internationally; and
(ii) are for the benefit of an industry rather than for the benefit of individual members; and
(iii) are commercially and financially feasible; and
(h) generate, or be capable of generating, from its promotional activities, significant net benefit to Australia in two or more of the following areas:
(i) export earnings;
(ii) employment in Australia;
(iii) new capital investment in Australia;
(iv) introduction of new technologies in Australia;
(v) new value‑added operations in Australia; and
(i) have a promotional plan.
Note The CEO of Austrade must consider the Export Market Development Grants (Approved Body) Guidelines 2008 when dealing with an application for approval as an approved body under section 88 of the Act.