Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhere an R&D Corporation is established, the Minister may, by writing signed by him or her, declare that specified agreements or specified instruments:
(a) to which the Commonwealth or the Commonwealth Government is a party; and
(b) that, immediately before the establishment of the Corporation, related to research and development in connection with the primary industry or class of primary industries in respect of which the Corporation is established;
have effect, after the establishment of the Corporation, as if:
(c) the Corporation were substituted for the Commonwealth or the Commonwealth Government, as the case may be, as a party to the agreements or instruments; and
(d) any reference in the agreements or instruments to the Commonwealth were (except in relation to matters that occurred before the establishment of the Corporation) a reference to the Corporation;
and, where the Minister makes such a declaration, the agreements or instruments have effect accordingly.