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INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 No. 89 of 1986 - SECT 30
Generic technology
30. (1) The Minister may, by notice in writing published in the Gazette,
declare an area of technology to be an area of generic technology for the
purposes of this Act.
(2) Without limiting the generality of sub-section (1), the Minister may make
a declaration under that sub-section in relation to-
(a) an area of technology that includes other areas of technology; or
(b) an area of technology that is included in another area of technology.
(3) Subject to sub-section (4), a declaration under sub-section (1) remains in
force for 3 years unless it is revoked.
(4) Where-
(a) a declaration under sub-section (1) of an area of generic technology
has been in force for longer than 2 years; and
(b) the Minister, after reviewing the effectiveness of support for
research and development activities in that area and all other matters
that he or she considers relevant, is satisfied that the period for
which the declaration should remain in force should be longer than 3
years, the Minister (whether or not an earlier declaration or
declarations under this sub-section in relation to that area has or
have been made) may, by notice in writing published in the Gazette
specifying the longer period, declare that the declaration under
sub-section (1) is to remain in force for that longer period unless it
is revoked.
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