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PRIMARY INDUSTRIES RESEARCH AND DEVELOPMENT ACT 1989 - SECT 33A R&D money must not be spent on marketing

PRIMARY INDUSTRIES RESEARCH AND DEVELOPMENT ACT 1989 - SECT 33A

R&D money must not be spent on marketing

    Of money received by an R&D Corporation under sections   30 to 30B, only money received under the following provisions may be spent in relation to marketing activities:

  (a)   subparagraph   30(1)(a)(iv);

  (b)   subparagraph   30A(1)(a)(iv);

  (c)   subparagraph   30B(2)(a)(iv).

Note:   An R&D Corporation must use certain gifts, grants, bequests or devises to carry out marketing activities: see paragraph   11(eb).