Document ID: chunk:federal_register_of_legislation:F2009B00008:body:0:p9
Version: federal_register_of_legislation:F2009B00008
Segment Type: other
Provision Reference: 
Character Range: 26894–30351

to                             which the application relates and the timing and method of delivery of the                                           assistance or loan;

 (c) must require the applicant to conduct the project to which the application                              relates;

 (d) must require the applicant to keep records relating to the conduct and                              management of the project;

 (e) must provide for inspection by or for the Board of the premises where the                              project is undertaken and of the records mentioned in paragraph (d);

 (f) must require the applicant to report to the Board on the conduct and                              management of the project;

 (g) in the case of an agreement relating to Start Premium financial assistance or a                             loan:

  (i) must provide for repayment of the financial assistance or loan; and

  (ii) may provide that interest on the balance of financial assistance to be                                           repaid is charged in accordance with clause 27; and

  (iii) must provide that interest on the balance of a loan to be repaid is charged                                           in accordance with clause 28;

 (h) must provide for variation and termination of the agreement;

 (i) in the case of an agreement relating to Start Graduate financial assistance, may                             provide for part of the financial assistance to be paid direct to the research                                           institution;

 (j) must require the applicant to comply with its obligations, if any, under the                              Affirmative Action (Equal Opportunity for Women) Act 1986; and

 (k) may include other matters.

PART 8 — ELIGIBLE EXPENDITURE

Eligible expenditure

20. (1) This clause applies to projects for which financial assistance or a loan is granted.

 (2) The Board may make guidelines setting out what kinds of expenditure are                              eligible expenditure.

 (3) The Board may determine in writing that expenditure for a project that is                              incurred after the application for the financial assistance or loan for the project                             is received by the Board is eligible expenditure.

Authorisation of payment of financial assistance

21. The Board may authorise payments under the R&D Start Program to be made for  eligible expenditure in:

 (a) the financial year commencing on 1 July 2001; and

 (b) each following financial year for which the R&D Start Program receives an                             appropriation.

Maximum financial assistance and loan based on eligible expenditure

22. (1) The total amount of financial assistance for a project must not exceed:

  (a) in the case of Start Graduate or Core Start financial assistance
   - the aggregate of 50% of the eligible expenditure for the project, and                                           any further amount payable to the applicant to reimburse the applicant                                           for GST payable by the applicant on supplies made to the                                                                       Commonwealth under the grant agreement (such further amount not to                                           exceed the amount of GST paid by the applicant);

  (b) in the case of Start Plus financial assistance -