Rural and Regional Adjustment Regulation 2011

The nature of assistance available under the scheme is a grant of financial assistance to an eligible entity for an eligible activity.

A grant of financial assistance is not available for—

funding an activity that commenced or was completed before an application for assistance under the scheme is made; or

repairing or replacing existing capital infrastructure; or

making payments towards a debt; or

purchasing land; or

undertaking training, or paying professional costs, not related to the eligible activity the subject of the application; or

conducting feasibility studies; or

paying administration costs.

Also, a grant of financial assistance is not available unless the eligible entity meets the eligibility criteria.

The amount of a grant of financial assistance under the scheme for an eligible activity—

is based on the authority’s assessment of the applicant’s financial position, including the applicant’s ability to provide a cash contribution to the activity that is equal to, or more than, the amount of assistance the applicant is applying for; and

must not be more than the amount the applicant will contribute to the activity.

However, the maximum amount of a grant of financial assistance under the scheme for an eligible activity is $200,000.