Commonwealth Consolidated Acts

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INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 - SECT 29D

Board may need to make inquiries about an application

  (1)   The Board may notify the applicant in writing that the Board:

  (a)   needs to make inquiries in order to determine whether the applicant meets the criteria for registration referred to in subsection   29A(2); and

  (b)   requires the applicant to pay the Board a specified amount towards the cost of those inquiries.

  (2)   The Board may refuse to consider the application until the applicant pays the Board that amount.

  (3)   An amount specified in a notice under subsection   (1) must not exceed the higher of:

  (a)   $1,000; and

  (b)   the amount (if any) specified in regulations made for the purposes of this subsection;

and must not be such as to amount to taxation.



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