Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Minister may give to an R&D Corporation written directions as to the performance of its functions and the exercise of its powers.
(2) Subject to subsection (3), particulars of any directions given in a financial year must be included in the annual report of the R&D Corporation concerned in that year.
(3) Subsection (2) does not apply if:
(a) the Minister, on the recommendation of the R&D Corporation concerned, determines, in writing, that compliance with the subsection would, or would be likely to, prejudice commercial activities carried on by or on behalf of the Corporation; or
(b) the Minister determines, in writing, that compliance with the subsection would be contrary to the public interest.