Higher Education Support Act 2003

Chapter 2 - Grants for higher education assistance etc  

PART 2-3 - OTHER GRANTS  

Division 42 - Australia ' s Economic Accelerator  

Subdivision 42-A - Research commercialisation strategy and investment plan  

SECTION 42-5   Investment plan  

42-5(1)    
The *AEA Advisory Board must, in relation to each year, formulate written policies for the *Australia ' s Economic Accelerator program, dealing with the following matters in relation to the year:

(a)    areas of national priority;

(b)    the total amount of funding available;

(c)    any other matters the AEA Advisory Board considers appropriate to deal with to ensure the program meets the program ' s objectives.

42-5(2)    
The *AEA Advisory Board must ensure that the policies are consistent with the research commercialisation strategy in force under section 42-1 .

42-5(3)    
A member of the *AEA Advisory Board, or a person performing functions or exercising powers under the *Australia ' s Economic Accelerator program, must not act inconsistently with policies formulated under subsection (1) .