Energy Research and Development Corporation Regulations (Repeal) 1998 No. 6

EXPLANATORY STATEMENT

STATUTORY RULES 1998 NO. 6

Issued by the Authority of the Minister for Resources and Energy Primary Industries and Energy Research and Development Act 1989 Energy Research and Development Corporation Regulations

The Energy Research and Development Corporation (ERDC) was established in July 1990 under the Energy Research and Development Corporation Regulations (SR 1990, No 65) under Section 8 of the Primary Industries and Energy Research and Development Act 1989. Since its establishment, the ERDC has played a significant role in advancing energy supply and use technologies. ERDC has established a good foundation for industry to take on a greater role m funding its research m conjunction with other Government assistance.

Because of the need for tight fiscal discipline, the Government has had to make the difficult decision to cease funding new investments in energy R&D through the ERDC.

The regulations commenced on 1 July 1998.