Commonwealth Numbered Acts

INDUSTRY RESEARCH AND DEVELOPMENT AMENDMENT ACT 1995 No. 84 of 1995 - SCHEDULE 1

                               SCHEDULE                 Section 3

AMENDMENTS OF THE INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 1. Paragraph
28(2)(a): Omit "31 December 1995", substitute "30 June 1996". 2. Paragraph
31(2)(a): Omit "31 December 1995", substitute "30 June 1996". 3. After
subsection 39E(4): Insert:

"(4A) The Board may, at any time, and whether or not within 90 days after the
commencement of this Part, by instrument in writing, repeal, replace or amend
guidelines made under subsection (1).". 4. Subsection 39E(5): After
"subsection (1)" insert ", or repealing, replacing or amending such
guidelines,". 5. After subsection 39EA(5): Insert:

"(5A) The Board may, at any time, and whether or not within 90 days after the
commencement of this section, by writing, repeal, replace or amend guidelines
made under subsection (1).". 6. Subsection 39EA(6): After "finance scheme
guidelines" insert ", or repealing, replacing or amending such guidelines,".
7. After subsection 39EB(3):

"(3A) The Board may, at any time, and whether or not within 90 days after the
commencement of this Part, by writing, repeal, replace or amend guidelines
made under subsection (1).". 8. Subsection 39EB(4): After "subsection (1)"
insert ", or repealing, replacing or amending such guidelines,". 9. Section
39F: Omit "a Australian" (wherever occurring), substitute "an Australian". 10.
After subsection 39F(10): Insert:

"(10A) The Board may, in consultation with the Commissioner at any time and
whether or not within 90 days after the commencement of this Part, by writing,
repeal, replace or amend criteria made under subsection (2).". 11. Subsection
39F(11): After "subsection (2)" insert ", or repealing, replacing or amending
such criteria,". 12. After subsection 39HB(4): Insert: (Board may repeal,
replace or amend guidelines)

"(4A) The Board may, at any time and whether or not within 90 days after the
commencement of this section, by writing, repeal, replace or amend guidelines
made under this section.". 13. Subsection 39HB(5): After "guidelines" insert
", or repealing, replacing or amending such guidelines,".