Document ID: chunk:federal_register_of_legislation:F2023L00712:reg:8
Version: federal_register_of_legislation:F2023L00712
Segment Type: reg
Provision Reference: reg 8
Character Range: 3252–4055

8  Purposes of the special account
  For paragraph 78(1)(c) of the Act, the purposes of the special account, in relation to which amounts may be debited from the special account, are:
          (a)    to provide capital to promote the commercialisation of biomedical discoveries in accordance with the Biomedical Translation Fund Programme Guidelines;
          (b)    to carry out activities that are incidental to the purpose in paragraph (a), including dealing with direct and indirect costs;
          (c)    to repay amounts where a court order, Act or other law requires or permits the repayment of an amount received; and
          (d)    to reduce the balance of the special account (and, therefore, the available appropriation for the special account) without making a real or notional payment.