Applications must be received by the NSW office of Aus Industry no later than 5pm, AEST, on Friday 4 June 2010.

The objective of the IIAP is to provide financial assistance to manufacturers, distributors, importers and installers of eligible ceiling insulation products adversely affected by the termination of the Home Insulation Program. Foil products are excluded. Details of the Foil Insulation Safety Program (FISP) can be found at http://www.environment.gov.au/eehp/safety-plan/foil-insulation.html.

Applicants must meet various eligibility criteria including having manufactured, installed or supplied finished products that were used in eligible installations under the Home Insulation Program. These finished products must also meet certain criteria and be included on the Home Insulation Program Approved List of Products as at 19 February 2010.

Applicants will need to identify the eligible ceiling insulation stock held on 30 April 2010 and calculate the stock holding dollar value. This dollar value must be at least $5,000 (GST exclusive) to meet the minimum threshold for assistance. Assistance payments will be calculated at 15% of this stock holding dollar value to a maximum of $500,000 per applicant.

Before applying please read the IIAP Customer Guidelines which provide detailed information on the IIAP including applicant eligibility, stock holding eligibility and the application process.

To obtain a copy of the IIAP Guidelines and, if eligible, the IIAP Application Form call the AusIndustry hotline on 13 28 46 or download from the AusIndustry website at www.ausindustry.gov.au