This Regulation, consisting of four Parts and completed by 35 Schedules, implements the Rural Adjustment Authority Act 1994. Part 2 deals with the approval of schemes, specifying that each scheme set out in each of schedules 1 to 15 and 17 to 26 is approved under section 11 of the Act. The objective of the scheme is to provide assistance that will: (a) strengthen the economy of Queensland regions; and (b) facilitate the development of sustainable primary production in Queensland. Application of scheme (1) The scheme consists of the following programs: (a) the first start program; (b) the sustainability program. (2) An applicant may apply for assistance under more than 1 program. It does not apply to: a) refinancing existing business loans or equipment finance; b) purchasing new equipment or other assets. Schedule 26 deals with COVID–19 and specifies Jobs Support Loan Scheme. The objective of the scheme is to assist Queensland businesses and non-profit organisations financially impacted by COVID–19 to retain employees and maintain their operations. The purpose of assistance under the scheme is to provide concessional loans to eligible entities to assist the eligible entities to meet working capital expenses. Working capital expenses include: a) paying employee wages; b) paying creditors; c) paying rent and rates; d) buying goods, including fuel, for the purpose of carrying on the business. Primary production enterprise carry out business: a) that involves primary production, including the agricultural, apicultural, aquacultural, commercial wild-catch fishing, forestry, grazing and horticultural industries.
Австралия · 2011-08-18