Simplified outline of this Act
2A Simplified outline of this Act
Establishment of research and development corporations
The Rural Industries Research and Development Corporation is established and the regulations may establish, or continue in existence, other research and development corporations.
Those corporations have various functions and powers. They must have R&D plans and annual operational plans.
Finance
The Primary Industries Levies and Charges Disbursement Act 2024 provides for payments to those corporations. Under that Act:
the Commonwealth must pay to those corporations amounts connected with various levies and charges collected under rules made under the Primary Industries Levies and Charges Collection Act 2024; and
those corporations must spend the payments on various activities, including research and development activities and marketing activities for the benefit of primary industries; and
the Commonwealth must also make matching payments to those corporations, based on amounts of expenditure on research and development activities or certain other activities by those corporations and on gross value of production amounts; and
those corporations must spend the matching payments on various activities, including research and development activities for the benefit of primary industries.
Directors
This Act provides for directors of those corporations and for the appointment process for those directors, including the use of Selection Committees.
13 Paragraphs 3(a) and (b)
Omit “funding and administration”, substitute “undertaking”.
14 Subsection 4(1) (definition of Collection Act)
Repeal the definition.
15 Subsection 4(1)
Insert:
designated primary industry sector in relation to an R&D Corporation: see section 5.
16 Subsection 4(1) (definition of eligible levy payer)
Repeal the definition.
17 Subsection 4(1) (definition of funding agreement)
Omit “subsection 33(4)”, substitute “section 42 of the Primary Industries Levies and Charges Disbursement Act 2024”.
18 Subsection 4(1)
Repeal the following definitions:
definition of levy;
definition of list of levy payers.
19 Subsection 4(1) (definition of marketing activities)
Repeal the definition, substitute:
marketing activities, in relation to an R&D Corporation, means the following:
the marketing, advertising or promotion of:
a designated primary industry sector in relation to that Corporation; or
goods that are the produce, or that are derived from the produce, of a designated primary industry sector in relation to that Corporation;
activities incidental to such marketing, advertising or promotion.
20 Subsection 4(1)
Repeal the following definitions:
definition of marketing component;
definition of order;
definition of prescribed;
definition of R&D activity.
21 Subsection 4(1) (paragraph (a) of the definition of R&D Corporation)
Repeal the paragraph, substitute:
a research and development corporation established under regulations, or continued in existence under regulations, made for the purposes of section 8; or
22 Subsection 4(1)
Repeal the following definitions:
definition of R&D project;
definition of refund;
definition of regulations.
23 Subsection 4(1) (definition of research and development)
Repeal the definition, substitute:
research and development: see section 5.
24 Subsection 4(1)
Insert:
research and development activity: see section 5.
25 Subsection 4(1)
Repeal the following definitions:
definition of research component;
definition of RIR&D Corporation;
definition of separately levied fishery;
definition of State Research Committee.
26 Subsection 4(3)
Repeal the subsection.
27 Sections 5 to 6
Repeal the sections, substitute:
This Act’s bill:Explanatory memorandumSecond reading speech
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