Tax Laws Amendment (2007 Measures No. 5) Act 2007 (164 of 2007)
Schedule 12 Innovation Australia
Part 1 Main amendments
Industry Research and Development Act 1986
37 After subsection 22(2B)
Insert:
(2BA) Despite subsection (2B), a person may be appointed as a member of a committee for no more than 2 further consecutive terms if:
(a) during the previous 2 consecutive terms the person was not the Chairperson of the committee; and
(b) the person will be the Chairperson of the committee in those further terms.