1Short titleThis regulation may be cited as the Rural and Regional Adjustment (Variation of Rural Economic Development Grants Scheme) Amendment Regulation 2021.2Regulation amendedThis regulation amends the Rural and Regional Adjustment Regulation 2011.3Insertion of new pt 4, div 11Part 4—insert—Division 11Transitional provision for Rural and Regional Adjustment (Variation of Rural Economic Development Grants Scheme) Amendment Regulation 202118Continuation of maximum amount of assistance(1)This section applies in relation to a grant of financial assistance given under the scheme mentioned in schedule 32 if—

(a)the application for the assistance was approved before the commencement; and

(b)the amount of the grant was greater than $200,000; and

(c)immediately before the commencement, the authority had not paid the full amount of the grant.

(2)Schedule 32, section 7(5), as in force immediately before the commencement, continues to apply in relation to the grant as if the Rural and Regional Adjustment (Variation of Rural Economic Development Grants Scheme) Amendment Regulation 2021 had not commenced.4Amendment of sch 32, s 3 (Definitions)(1)Schedule 32, section 3, definitions Australian Statistical Geography Standard and relevant rural area—omit.(2)Schedule 32, section 3—insert—relevant rural area means an area in Queensland, other than any of the following local government areas—

(a)City of Brisbane;

(b)Ipswich;

(c)Logan;

(d)Redland.

5Amendment of sch 32, s 7 (Nature and amount of assistance)Schedule 32, section 7(5), ‘$250,000’—omit, insert—$200,0006Amendment of sch 32, s 8 (Scheme to operate in rounds)Schedule 32, section 8(1), from ‘rounds’—omit, insert—rounds.