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

29G   Varying registrations - otherwise than on application

(1) The Board may, by notice in writing given to a research service provider, vary the provider’s registration under section 29A so that the provider ceases to be registered to provide services in one or more specified research fields.

Note 1: A decision to vary is reviewable (see Division 5).

Note 2: This subsection will cease to apply if the variation is set aside on review (see Division 5).

(2) The Board may do so if the Board is satisfied that the provider does not meet the criteria for registration referred to in subsection 29A(2) in so far as those criteria relate to those research fields.