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Industry Research and Development Act 1986

No. 89, 1986

Compilation No. 34

Compilation date: 21 February 2025

                Includes amendments: Act No. 14, 2025

About this compilation

This compilation

This is a compilation of the Industry Research and Development Act 1986 that shows the text of the law as amended and in force on 21 February 2025 (the compilation date).

The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments

The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments

If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Editorial changes

For more information about any editorial changes made in this compilation, see the endnotes.

Modifications

If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions

If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part I—Preliminary
1 Short title
2 Commencement
3 Object of Act
4 Interpretation
5 Application
Part II—Administration
6 Establishment of Industry Innovation and Science Australia
7 Functions of Board
8 Powers of Board
9 Constitution of Board
10 Period of appointment of members
11 Duties of Chairperson
12 Remuneration and allowances
13 Leave of absence
14 Resignation
15 Termination of appointment
16 Disclosure of interests by members of Board
17 Acting appointments
18 Meetings of Board
19 Minister may give directions to the Board
20A Minister may give advice to Board or committee
21 Delegation by Board
22 Committees
22A Delegation by committee
23 Directions of Board to committees
24 Disclosure of interests by members of committees
25 Staff, consultants etc.
Part III—Functions relating to the R&D tax offset
Division 1—Introduction
26 Objects
26A Simplified outline
Division 2—Registering for the R&D tax offset
Subdivision A—Introduction
27 Simplified outline
Subdivision B—Registering R&D entities for R&D activities
27A Registering R&D entities for R&D activities
27B Findings