Commonwealth Coat of Arms of Australia

 

Industry Research and Development (Strengthening Business Program) Instrument 2022

I, Angus Taylor, Minister for Industry, Energy and Emissions Reduction, make the following instrument.

Dated: 30 March 2022

Angus Taylor

Minister for Industry, Energy and Emissions Reduction

 

Contents

1  Name

2  Commencement

3  Authority

4  Definitions

5  Prescribed program

6  Specified legislative power

7  Eligibility criteria relating to program

8  Repeal

 

1  Name

  This instrument is the Industry Research and Development (Strengthening Business Program) Instrument 2022.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  Sections 1 to 7

The day after this instrument is registered.

 

2.  Section 8

The later of 1 July 2022 and the day after this instrument is registered.

 

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under section 33 of the Industry Research and Development Act 1986.

4  Definitions

  In this instrument:

Act means the Industry Research and Development Act 1986.

program: see subsection 5(1).

5  Prescribed program

 (1) For the purposes of subsection 33(1) of the Act, the Strengthening Business Program (the program) is prescribed.

 (2) The program provides funding for business advisors to provide business advice services in identified local government areas to businesses adversely affected by the 2019‑2020 bushfire emergency, flooding events or impacts of the coronavirus known as COVID19.

6  Specified legislative power

  For the purposes of subsection 33(3) of the Act, the power of the Parliament under paragraph 51(xx) of the Constitution to make laws with respect to foreign corporations and trading or financial corporations formed within the limits of the Commonwealth is specified.

7  Eligibility criteria relating to program

  For the purposes of subsection 33(4) of the Act, the eligibility criteria relating to the program include the requirement that providers of business advice services referred to in subsection 5(2) must be foreign, trading or financial corporations to which paragraph 51(xx) of the Constitution applies.

8  Repeal

  The Industry Research and Development (Strengthening Business—Business Advice for Recovery and Resilience Program) Instrument 2020 is repealed.