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Industry and Exports (Financial Support) Act 2009

Industry and Exports (Financial Support) Act 2009

2009 CHAPTER 5

The Act

Commentary on Sections

Section 2: Assistance in connection with exports of goods or services

16.Section 2(1) replaces section 1(1) of the EIGA. The new subsection (1) allows ECGD to make arrangements for providing financial facilities or assistance in connection with exports. Subsection (1A) expressly provides that the arrangements may be in connection with exports that have been made, are to be made or may be made.

17.Section 2(2) is a transitional provision which provides that arrangements may be made in connection with exports that take place before the amended provisions come into force.

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