Tax Laws Amendment (Research and Development) Act 2011 (93 of 2011)

Schedule 2   Innovation Australia's role

Part 1   Main amendment

Industry Research and Development Act 1986

27E   Board may request further information

(1) The Board may request the applicant in writing to give specified information, or specified kinds of information, to the Board about the application.

(2) The request may be for the information or kinds of information to be given within:

(a) 30 days after the request was made; or

(b) a further period allowed by the Board in accordance with the decision-making principles.

Note 1: A refusal to allow a further period is reviewable (see Division 5).

Note 2: Section 32A deals with the decision-making principles.

Note 3: A failure by the entity to give the information may result in a finding under paragraph 27B(1)(b) or (d).

(3) The request may be for the information or kinds of information to be given in the approved form.

Note: Section 32 deals with approved forms.

(4) Subsections (2) and (3) do not limit subsection (1).

Subdivision D - Examining registrations