Commonwealth Consolidated Acts(1) Subject to section 53, the Minister may, in writing, approve a proposal for expenditure by an organisation (the approved organisation ) on a research program (the approved program ) as a proposal deserving financial assistance under this Division in respect of a year to which this Division applies, or in respect of each of 2 or more such years.
(2) If the Minister approves the proposal, the Minister must, in writing, for the year, or each of the years, in respect of which the proposal is approved, determine:
(a) an amount as the estimated total expenditure on the proposal for the year; and
(b) an amount of approved expenditure in relation to the proposal for the year.
The amount of approved expenditure on the proposal for a year must not be greater than the amount of estimated total expenditure on the proposal for the year.
Note: If the proposal is approved in respect of 2 or more years, different amounts may be determined in respect of different years.
(3) The Minister must cause a copy of the determination under paragraph (2)(b) to be laid before each House of the Parliament within 15 sitting days of that House after the day on which the determination is made.
(4) The instrument of approval under subsection (1) must include the following information:
(a) the name of the approved organisation;
(b) a description of the approved research program;
(c) the name and title of the person leading the approved research program;
(d) the amount determined under paragraph (2)(b) in relation to the year, or each of the years, for which the approved program is approved.
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