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Commonwealth of Australia

Industry Research and Development Act 1986

Renewable Energy Development Initiative Program Directions No 1 of 2005

I, Ian Elgin Macfarlane, Minister for Industry, Tourism and Resources, acting under section 18A and subsections 19 (1) and 20 (1) of the Industry Research and Development Act 1986 (the Act), give the following Directions to the Industry Research and Development Board.

Dated   9/5/05    Ian Macfarlane
Minister for Industry, Tourism and Resources

____________

PART 1 - PRELIMINARY

Name of Directions

     1. These Directions are the Renewable Energy Development Initiative (REDI) Program Directions No. 1 of 2005.

Commencement

    2.             These Directions commence on 6 June 2005 or the day on which the Directions are published in the Gazette, whichever is the later.

Object of these Directions

    3.             The object of this instrument is to give directions to the Board in relation to:

        (a) an additional function of the Board, namely the provision of technical assessments and merit ranking of eligible applications under REDI; and

        (b) the policies and practices to be followed by the Board in the performance of the function.

Interpretation

    4.             In these Directions, unless the contrary intention applies:

    AGO means the Australian Greenhouse Office, a Division of the Department of Environment and Heritage.

    agreement means an agreement between an eligible applicant (whose application has been approved under clause 14 of the Guidelines)  and the Commonwealth for grant funding under REDI, as may be amended from time to time in accordance with the rules for REDI.

    Board means the Industry Research and Development Board.

    Department means the Department of Industry, Tourism and Resources.

    early-stage commercialisation activities means the systematic work necessary for installing and establishing processes, systems and services that allow the new renewable energy technology-related product, process or service to be produced to the stage where it can effectively be brought to market.

    eligible activities are activities that:

         (a) are carried on in Australia; and

         (b) involve any one or more of the following:

            (i) research and development activities;

            (ii) proof-of-concept activities; or

            (ii) early-stage commercialisation activities.

    eligible applicant means a:

         (a)         non tax-exempt company incorporated under the Corporations Act 2001; or

         (b)         a wholly or majority owned Commonwealth or State Government body that either:

            (i) derives its income primarily from commercial sources;

            (ii) does not receive significant recurrent government funding; or

            (iii)      returns any part of a trading surplus to a government in the form of an annual dividend or similar payment.

    eligible application means an application for grant funding under REDI that the Program Delegate has determined is eligible for technical assessment and merit ranking by the Board in accordance with clause 8 of the Guidelines.

        eligible project means a project that:

         (a)         aims to produce, commercialise