Commonwealth Consolidated Acts

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INDUSTRIAL RESEARCH AND DEVELOPMENT INCENTIVES ACT 1976


TABLE OF PROVISIONS

           Long Title

   PART I--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement  
   3.      Object of Act  
   4.      Interpretation  
   5.      Related companies  
   6.      Approval of research organizations etc.  
   7.      Approved employees  

   PART III--GRANTS

           Division 1--Commencement grants

   23.     Commencement grants  
   24.     Maximum aggregate of grants to a Company  
   25.     Limitation of number of years in respect of which grants payable to a company  
   26.     Grants not payable to a company where aggregate research and development expenditure in preceding 8 years exceeds $250,000  
   26A.    Effect of reconstruction of companies  
   27.     Company to undertake to exploit results of research and development  
   28.     Adjustment of grant by reason of Commonwealth financial assistance  
   29.     Abuse of Act  
   29A.    Commencement grants and advances not to exceed moneys available  

           Division 2--Project grants

   30.     Agreements with respect to projects  
   31.     Total amounts allocated and committed under this Division in respect of a year  
   32.     Restrictions applicable to project grant agreements  
   32A.    Results of projects to be exploited  
   32B.    Adjustment of project grant by reason of Commonwealth financial assistance  
   33.     Repayment of grant on breach of agreement  

           Division 3--Miscellaneous

   34.     Applications  
   34A.    Effect of late application  
   35.     Advances in respect of grants  

   PART IV--MISCELLANEOUS

   36.     Moneys to be appropriated  
   38.     Recovery of overpayments to a person  
   40.     Annual report  
   41.     Review of certain decisions of Board  
   41A.    Statements to accompany notification of decisions  
   42.     Regulations  


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