Contents

Part I--Preliminary                                                                                                                 1

1............ Short title [see Note 1] ....................................................................... 1

2............ Commencement .................................................................................. 1

3............ Object of Act ...................................................................................... 1

4............ Interpretation ...................................................................................... 1

5............ Related companies ............................................................................ 10

6............ Approval of research organizations etc. ........................................... 12

7............ Approved employees ....................................................................... 13

Part III--Grants                                                                                                                     15

Division 1--Commencement grants                                                                    15

23.......... Commencement grants ...................................................................... 15

24.......... Maximum aggregate of grants to a Company ................................... 16

25.......... Limitation of number of years in respect of which grants payable to a company   18

26.......... Grants not payable to a company where aggregate research and development expenditure in preceding 8 years exceeds $250,000 ........................................................................................... 19

26A....... Effect of reconstruction of companies .............................................. 20

27.......... Company to undertake to exploit results of research and development   20

28.......... Adjustment of grant by reason of Commonwealth financial assistance   21

29.......... Abuse of Act .................................................................................... 21

29A....... Commencement grants and advances not to exceed moneys available 21

Division 2--Project grants                                                                                        22

30.......... Agreements with respect to projects ................................................ 22

31.......... Total amounts allocated and committed under this Division in respect of a year    23

32.......... Restrictions applicable to project grant agreements ......................... 23

32A....... Results of projects to be exploited ................................................... 25

32B....... Adjustment of project grant by reason of Commonwealth financial assistance       25

33.......... Repayment of grant on breach of agreement .................................... 25

Division 3--Miscellaneous                                                                                       26

34.......... Applications ..................................................................................... 26

34A....... Effect of late application .................................................................. 27

35.......... Advances in respect of grants ........................................................... 27

Part IV--Miscellaneous                                                                                                     29

36.......... Moneys to be appropriated ............................................................. 29

38.......... Recovery of overpayments to a person ........................................... 29

40.......... Annual report ................................................................................... 29

41.......... Review of certain decisions of Board ............................................... 30

41A....... Statements to accompany notification of decisions ......................... 31

42.......... Regulations ....................................................................................... 32

Notes                                                                                                                                             33

 

 

  

Notes to the Industrial Research and Development Incentives Act 1976

Note 1

The Industrial Research and Development Incentives Act 1976 as shown in this compilation comprises Act No. 85, 1976 amended as indicated in the Tables below.

All relevant information pertaining to application, saving or transitional provisions prior to 24 November 2000 is not included in this compilation. For subsequent information see Table A.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
Industrial Research and Development Incentives Act 1976	85, 1976	15 June 1976	1 July 1976
Administrative Changes (Consequential Provisions) Act 1978	36, 1978	12 June 1978	12 June 1978	S. 8
Industrial Research and Development Incentives Amendment Act 1978	211, 1978	6 Dec 1978	S. 3(c), (d) and (g): 1 July 1976 Remainder: Royal Assent	Ss. 9 and 10
Industrial Research and Development Incentives Amendment Act 1981	44, 1981	13 May 1981	Ss. 3(1), 19(1) and 33(1): 6 Dec 1978 Ss. 3(2), 19(2) and 33(2): 1 July 1980 Ss. 3(3), 6, 19(3) and 20-32: 10 June 1981 Ss. 3(4), 5, 7-18 and 34: 1 July 1981 Remainder: Royal Assent	Ss. 4(2), 33 and 34
Companies (Miscellaneous Amendments) Act 1981	92, 1981	18 June 1981	S. 45: 1 July 1982 (see Gazette 1982, No. S124) (a)	--
as amended by
Companies and Securities Legislation (Miscellaneous Amendments) Act 1981	153, 1981	26 Oct 1981	Part X (ss. 97-99): 1 July 1982 (see Gazette 1982, No. S124) (b)	--
Statute Law (Miscellaneous Amendments) Act (No. 2) 1982	80, 1982	22 Sept 1982	Part XLIV (ss. 148-152): Royal Assent (c)	Ss. 149(2) and 150(2)
Statute Law (Miscellaneous Provisions) Act (No. 1) 1983	39, 1983	20 June 1983	S. 3: 18 July 1983 (d)	S. 7(1)
Industrial Research and Development Incentives Amendment Act 1983	121, 1983	21 Dec 1983	13 Mar 1984 (see Gazette 1984, No. S95)	--
Statute Law (Miscellaneous Provisions) Act (No. 2) 1984	165, 1984	25 Oct 1984	S. 3: 22 Nov 1984 (e)	S. 6(1)
Automotive Industry Authority Amendment Act 1985	33, 1985	24 May 1985	24 May 1985	--
Statute Law (Miscellaneous Provisions) Act (No. 1) 1985	65, 1985	5 June 1985	S. 3: 3 July 1985 (f)	--
Industry Research and Development Act 1986	89, 1986	25 June 1986	1 July 1986	--
Criminal Code Amendment (Theft, Fraud, Bribery and Related Offences) Act 2000	137, 2000	24 Nov 2000	Ss. 1-3 and Schedule 1 (items 1, 4, 6, 7, 9-11, 32): Royal Assent Remainder: 24 May 2001	Sch. 2 (items 418, 419) [see Table A]
Tax Laws Amendment (2007 Measures No. 5) Act 2007	164, 2007	25 Sept 2007	Schedule 12 (items 88-90): 27 Sept 2007 (see F2007L03842)	--

(a)     The Industrial Research and Development Incentives Act 1976 was amended by section 45 only of the Companies (Miscellaneous Amendments) Act 1981, subsection 2(3) of which provides as follows:

                 (3)   The provisions of this Act other than the provisions referred to in subsections (1) and (2) shall come into operation on the day on which the Companies Act 1981 comes into operation.

(b)    The Companies (Miscellaneous Amendments) Act 1981 was amended by Part X (sections 97-99) only of the Companies and Securities Legislation (Miscellaneous Amendments) Act 1981, subsection 2(4) of which provides as follows:

                 (4)   Parts VII, VIII, IX, X and XI shall come into operation on the day on which the Companies Act 1981 comes into operation.

(c)     The Industrial Research and Development Incentives Act 1976 was amended by Part XLIV (sections 148-152) only of the Statute Law (Miscellaneous Amendments) Act (No. 2) 1982, subsection 2(1) of which provides as follows:

                 (1)   Sections 1, 2, 166 and 195 and Parts III, VI, VII, XVI, XXXVI, XLIV, LI, LIII, LIV, LXI and LXXVII shall come into operation on the day on which this Act receives the Royal Assent.

(d)     The Industrial Research and Development Incentives Act 1976 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 1) 1983, subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act shall come into operation on the twenty‑eighth day after the day on which it receives the Royal Assent.

(e)     The Industrial Research and Development Incentives Act 1976 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 2) 1984, subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act shall come into operation on the twenty‑eighth day after the day on which it receives the Royal Assent.

(f)      The Industrial Research and Development Incentives Act 1976 was amended by section 3 only of the Statute Law (Miscellaneous Provisions) Act (No. 1) 1985, subsection 2(1) of which provides as follows:

                 (1)   Subject to this section, this Act shall come into operation on the twenty‑eighth day after the day on which it receives the Royal Assent.

Table of Amendments

ad. = added or inserted     am. = amended     rep. = repealed     rs. = repealed and substituted
Provision affected	How affected
Part I
S. 4 .....................................	am. No. 211, 1978; No. 44, 1981; No. 92, 1981 (as rep. by No. 153, 1981); No. 121, 1983; No. 165, 1984; No. 89, 1986; No. 164, 2007
S. 6 .....................................	am. No. 44, 1981; No. 121, 1983
S. 7 .....................................	am. No. 44, 1981; No. 121, 1983; No. 89, 1986
Part II ..................................	rep. No. 89, 1986
S. 8 .....................................	rep. No. 89, 1986
S. 8A ..................................	ad. No. 44, 1981
	am. No. 121, 1983
	rep. No. 89, 1986
Ss. 9, 10 .............................	am. No. 44, 1981
	rep. No. 89, 1986
S. 11 ...................................	rs. No. 44, 1981
	rep. No. 89, 1986
S. 12 ...................................	am. No. 44, 1981
	rep. No. 89, 1986
Ss. 13, 14 ...........................	rs. No. 44, 1981
	rep. No. 89, 1986
S. 14A ................................	ad. No. 44, 1981
	rep. No. 89, 1986
S. 15 ...................................	rs. No. 44, 1981
	rep. No. 89, 1986
S. 16 ...................................	am. No. 44, 1981
	rep. No. 89, 1986
S. 17 ...................................	am. No. 44, 1981; No. 121, 1983
	rep. No. 89, 1986
S. 18 ...................................	rep. No. 44, 1981
S. 19 ...................................	rep. No. 89, 1986
Ss. 19A-19C ......................	ad. No. 44, 1981
	rep. No. 89, 1986
S. 20 ...................................	am. No. 211, 1978; No. 121, 1983
	rep. No. 89, 1986
S. 21 ...................................	am. No. 211, 1978; No. 44, 1981; No. 121, 1983
	rep. No. 89, 1986
Ss. 21A-21C ......................	ad. No. 44, 1981
	rep. No. 89, 1986
S. 22 ...................................	am. No. 44, 1981; No. 33, 1985
	rep. No. 89, 1986
Part III
Division 1
S. 23 ...................................	am. No. 211, 1978; No. 44, 1981; No. 121, 1983
S. 24 ...................................	am. No. 44, 1981
S. 25 ...................................	am. No. 80, 1982
S. 26A ................................	ad. No. 44, 1981
	rs. No. 80, 1982
S. 28 ...................................	am. No. 44, 1981
S. 29A ................................	ad. No. 44, 1981
Division 2
S. 30 ...................................	rs. No. 211, 1978
	am. No. 44, 1981; No. 121, 1983
S. 31 ...................................	am. No. 211, 1978
	rs. No. 121, 1983
S. 32 ...................................	am. No. 211, 1978; No. 44, 1981
S. 32A ................................	ad. No. 44, 1981
	rs. No. 121, 1983
S. 32B ................................	ad. No. 44, 1981
Division 3
S. 34 ...................................	am. No. 44, 1981; No. 80, 1982; No. 121, 1983
S. 34A ................................	ad. No. 80, 1982
S. 35 ...................................	am. No. 36, 1978; No. 44, 1981; No. 39, 1983
Part IV
S. 37 ...................................	rep. No. 137, 2000
S. 39 ...................................	am. No. 65, 1985
	rep. No. 89, 1986
S. 40 ...................................	am. No. 44, 1981
S. 41A ................................	ad. No. 121, 1983
S. 42 ...................................	am. No. 44, 1981
Part V .................................	rep. No. 44, 1981
Ss. 43-54 ...........................	rep. No. 44, 1981

 

Table A

Application, saving or transitional provisions

Criminal Code Amendment (Theft, Fraud, Bribery and Related Offences) Act 2000 (No. 137, 2000)

Schedule 2

418  Transitional--pre‑commencement offences

(1)        Despite the amendment or repeal of a provision by this Schedule, that provision continues to apply, after the commencement of this item, in relation to:

                     (a)  an offence committed before the commencement of this item; or

                     (b)  proceedings for an offence alleged to have been committed before the commencement of this item; or

                     (c)  any matter connected with, or arising out of, such proceedings;

as if the amendment or repeal had not been made.

(2)        Subitem (1) does not limit the operation of section 8 of the Acts Interpretation Act 1901.

419  Transitional--pre‑commencement notices

If:

                     (a)  a provision in force immediately before the commencement of this item required that a notice set out the effect of one or more other provisions; and

                     (b)  any or all of those other provisions are repealed by this Schedule; and

                     (c)  the first‑mentioned provision is amended by this Schedule;

the amendment of the first‑mentioned provision by this Schedule does not affect the validity of such a notice that was given before the commencement of this item.