Federal Register of Legislation - Australian Government

Primary content

Directions/Other as made
This instrument gives directions to the Board to conduct additional functions relating to promoting the development, and improving the efficiency and international competitiveness of Australian industry by encouraging research and development activities, innovation activities and venture capital activities.
Administered by: Industry, Innovation and Science
Exempt from sunsetting by the Legislation (Exemptions and Other Matters) Regulation 2015 s11 item 03
Registered 06 Jul 2015
Tabling HistoryDate
Tabled HR10-Aug-2015
Tabled Senate10-Aug-2015

 

 

 

 

Commonwealth of Australia

 

INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986

Section 19

Additional Functions of Innovation Australia

 

I, Ian Elgin Macfarlane, Minister for Industry and Science, under section 19 of the Industry Research and Development Act 1986 (IR&D Act), hereby:

1.      Revoke the direction given to Innovation Australia (‘the Board’) on 4 November 2009; and

 

2.      Direct the Board to carry out the following additional functions:

a.       Oversee the delivery and performance of the programmes which Innovation Australia has from time to time been directed to be responsible for by separate Ministerial direction under sections 18A, 19 and 20 of the IR&D Act (‘the Programmes’).

b.      Maintain the integrity of the Programmes in accordance with the relevant assurance framework, and cooperate with any independent evaluation of them.

c.       Promote the benefit and awareness of the Programmes as well as monitoring uptake and impact.

d.      Collaborate with the Growth Centres Advisory Committee to support each of the four themes of the Industry Growth Centres programme, and jointly provide the consultation mechanism for the Minister required under the Government’s Industry Innovation and Competitiveness Agenda including deregulation.

e.       When requested by me or my department,  provide advice on matters relating to the Programmes, including:

                                       i.            high level, strategic advice on Australia’s science and innovation system, including identifying nationally coherent innovation priorities, future directions and growth areas for Australia;

                                     ii.            options to boost Australian industry competitiveness, the translation of knowledge into new products, processes and services, the support from private investors for innovative new ventures, and the linkages between industry and research sectors through programmes that foster business and industry innovation and entrepreneurship; and

                                   iii.            opportunities to improve the regulatory environment to support innovation, commercialisation, industry research collaboration and creativity.

 

This direction takes effect from the date it is signed.

 

 

Date this 2nd day of June 2015

 

 

Ian Elgin Macfarlane

Minister for Industry and Science