Commonwealth Numbered Regulations

1992 No. 202 RURAL INDUSTRIES RESEARCH AND DEVELOPMENT CORPORATION (DEER) REGULATIONS - REG 5

5. (1) For the purposes of paragraph 40 (1) (a) of the Act, the Corporation is
to keep separate accounting records of the funding of R and D activities in
relation to the deer industry.

(2) For the purposes of paragraph 40 (1) (b) of the Act, the following amounts
are to be credited in the accounting records kept under subregulation (1):

   (a)  amounts received by the Commonwealth under the
        Primary Industries Levies  and Charges Collection Act 1991 for the
        specified levies and paid to the Corporation under paragraph 30 (1)
        (a) of the Act; and

   (b)  amounts paid to the Corporation by the Commonwealth under paragraph 30
        (1) (b) of the Act; and

   (c)  amounts received by the Corporation as contributions to the cost of R
        and D activities in relation to the deer industry; and

   (d)  amounts received by the Corporation:

        (i)    from the sale of property paid for; or

        (ii)   from the sale of property produced, or from dealing with
               patents in respect of inventions made; or

        (iii)  in respect of work paid for; in connection with research and
               development relating to the deer industry; and

   (e)  amounts paid to the Corporation as interest in respect of the
        investment of the amounts referred to in paragraphs (a), (b), (c) and
        (d).

(3) For the purposes of paragraph 40 (1) (b) of the Act, all amounts specified
in section 33 of the Act that are required to be paid by the Corporation in
relation to the deer industry are to be debited in the accounting records kept
under subregulation (1).

(4) For the purposes of subsection 40 (2) of the Act, the only R and D
activities on which amounts credited under subregulation (2) can be spent are
R and D activities in relation to the deer industry.