Document ID: chunk:federal_register_of_legislation:F2009B00008:body:0:p12
Version: federal_register_of_legislation:F2009B00008
Segment Type: other
Provision Reference: 
Character Range: 36462–39505

of the                             agreement.

 (6) The second repayment must be made no later than 6 months after the day on                             which the first repayment was due to be made.

 (7) Succeeding repayments must be made no later than at 6 monthly intervals after                             the day on which the second repayment was due to be made.

 (8) Interest payments must be made at the same time as the loan repayments to                             which they relate.

Board may make other arrangements for loan repayments etc

29. The Board may make provisions for the repayment of a loan, and payment of the  interest for the loan, that are not the same as the provisions of clause 28.

Board may pursue waiver of certain repayments and payments

30. The Board may waive repayment of the amount, or part of the amount, of Start  Premium financial assistance, or of interest in relation to that financial assistance, for a               project if the Board reasonably considers that it would be appropriate to do so, after               taking into account the financial or other benefits gained, or likely to be gained, as a               result of the project by the person, or persons, to whom the assistance was provided.

PART 10 — MONITORING AND EVALUATING PROJECTS

Monitoring and evaluating

31. The Board must:

 (a) ensure that projects under the R&D Start Program are monitored to obtain                              relevant information for evaluation; and

 (b) at the request of the Minister, facilitate and cooperate with independent                              evaluation of the R&D Start Program.

PART 11 — VARIATION OF DECISIONS

Power to vary decisions

32. (1) The Board may, on the request of an applicant, vary a decision described in                             subclause (4) as if the directions under which the decision was made continue to                             apply as in force at the time of the decision.

 (2) The Board must not vary a decision unless the variation would:

  (a) significantly advance the objectives of the project;

  (b) be consistent with the policy objectives set out in clause 5 and any                                            relevant policies of the Board; and

  (c) be appropriate in all the circumstances.

 (3) The varied decision is taken to have had effect from the time the Board decides                             to vary the decision unless the Board determines otherwise.

 (4) This clause applies to a decision of the Board to grant financial assistance, a                             loan or any other payment under these directions or any of the revoked                                           directions.

PART 12 — REVOCATION OF EARLIER DIRECTIONS

Revocation of directions

33. Subject to clause 35, the R&D Start Program Directions No. 1 of 2002 are revoked.

34. Subject to clause 36, the R&D Start Program Directions No. 2 of 2002 are revoked.

PART 13 — TRANSITIONAL PROVISIONS

Transitional provision — certain grants