Nature and amount of assistance
8 Nature and amount of assistance
The nature of the assistance available to an applicant under this part is the grant of financial assistance for a category A entity.
The amount of assistance payable under this part is—
$30,000, if—
the entity’s wages and superannuation amount for a relevant financial year was less than $1,300,000 or the entity has operated in Queensland for only part of the 2020–2021 financial year; and
paragraphs (b) and (c) do not apply; or
$50,000, if—
the entity’s wages and superannuation amount for a relevant financial year was not less than $1,300,000 but not more than $10,000,000; and
paragraph (c) does not apply; or
$100,000, if the entity’s wages and superannuation amount for a relevant financial year was more than $10,000,000.
The assistance payable under this part is payable in 2 equal amounts in accordance with section 10.
In this section—
wages and superannuation amount, of a category A entity for a relevant financial year, means the total of the wages and superannuation paid in Queensland by the entity to its employees during the relevant financial year.
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