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COMMONWEALTHAct
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s 21

Duration of approved AIP plan

In force
Part 2Australian Industry Participation plans
Division 1Australian Industry Participation plans

21 Duration of approved AIP plan

Project involves establishing a new relevant facility

(1)

If a major project involves establishing a new relevant facility, an approved AIP plan for the project:

(a)

comes into force when the Authority approves the plan; and

(b)

subject to this Division, continues in force until the end of the 2‑year period beginning when the project is completed.

Project does not involve establishing a new relevant facility

(2)

If a major project does not involve establishing a new relevant facility, an approved AIP plan for the project:

(a)

comes into force when the Authority approves the plan; and

(b)

subject to this Division, continues in force until the project is completed.

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