Future Made in Australia plans

Current

(1)

A person who applies for, or receives, Future Made in Australia support must, in the circumstances prescribed by the rules, have in effect a plan (a Future Made in Australia plan) that:

(a)

relates to the support; and

(b)

meets the requirements of subsection (2).

(2)

A Future Made in Australia plan must:

(a)

be in writing; and

(b)

explain how the Future Made in Australia support would provide community benefits consistent with the community benefit principles; and

(c)

comply with any requirements prescribed by the rules.

(3)

The rules may provide in relation to Future Made in Australia plans, including circumstances in which such a plan comes into effect or ceases to be in effect.

This Act’s bill:Explanatory memorandum Second reading speech

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11 Future Made in Australia plans