Commonwealth Numbered Acts

HORTICULTURAL RESEARCH AND DEVELOPMENT CORPORATION ACT 1987 No. 166 of 1987 - SECT 29

29. (1) Without limiting the matters that the Corporation may include in its
annual report for a period, the Corporation shall include in the report:

   (a)  particulars of:

        (i)    the horticultural research and development projects that it
               carried out or funded, in whole or in part, during the period;

        (ii)   the amount that it expended during the period in relation to
               each of those projects;

        (iii)  revisions of the research and development plan agreed to by the
               Minister during the period; and

        (iv)   significant acquisitions and dispositions of real property by
               it during the period;

   (b)  an assessment of the extent to which its operations during the period
        have:

        (i)    achieved its objectives as stated in the research and
               development plan; and

        (ii)   implemented each research and development program applicable to
               the period; and

   (c)  an assessment of the usefulness, in improving the efficiency and
        competitiveness of Australian horticultural industries, of the
        horticultural research and development projects that it carried out or
        funded, in whole or in part, during the period.

(2) If this Part does not commence at the beginning of a financial year,
section 63H of the Audit Act 1901 has effect in relation to the period
commencing on the commencement of this Part and ending on the next 30 June as
if:

   (a)  if the period is less than 6 months, the period were included in the
        next financial year; or

   (b)  in any other case-the period were a financial year.