Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For paragraph 115 (1) (b) of the Act, the number prescribed for a kind of partnership or association is the number specified in the following table for that kind of partnership or association:
|
Item |
Kind of partnership or association |
Number |
|
1 |
(a) Actuaries, medical practitioners, patent attorneys, sharebrokers, stockbrokers or trademark attorneys (b) Partnerships or associations of the kind specified in subregulation (2) |
50 |
|
2 |
Architects, pharmaceutical chemists or veterinary surgeons |
100 |
|
3 |
Legal practitioners |
400 |
|
4 |
Accountants |
1 000 |
(2) For paragraph (b) of item 1 of the table in subregulation (1), the partnership or association is one that:
(a) has as its primary purpose collaborative scientific research; and
(b) includes as members:
(i) at least 1 university; and
(ii) at least 1 private sector participant;
whether or not it also includes government agencies or publicly funded research bodies.
(3) In subregulation (2):
"private sector participant" means an entity that obtains
the majority of its
revenue from sources other than Commonwealth, State or Territory
appropriations.