Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 - SECT 3

Object of Act

    The object of this Act is to position Australia as a leading innovation nation by:

  (a)   facilitating the provision of independent strategic advice about investment in industry, innovation, science and research; and

  (b)   supporting and encouraging collaboration in the development and delivery of programs relating to industry, innovation, science and research; and

  (c)   authorising spending on programs relating to industry, innovation, science and research; and

  (d)   promoting the development, and improving the efficiency and international competitiveness, of Australian industry by encouraging R&D activities, innovation and science activities and venture capital activities.

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback