Clean Technology Food and Foundries Investment Program Direction No. 1 of 2012 (Cth)

Commonwealth of Australia

Industry Research and Development Act 1986

Clean Technology Food and foundries Investment Program

Program directions

Direction No. 1 of 2012

I, GREG COMBET, Minister for Industry and Innovation, acting under sections 18A, 19 and 20(1) of the Industry Research and Development Act 1986, give the following Direction to Innovation Australia.

Dated 28 February 2012

The Hon Greg Combet AM MP

Minister for Industry and Innovation

PART 1 - PRELIMINARY

Name of Direction

1. This Direction is the Clean Technology Food and Foundries Investment Program Direction No. 1 of 2012.

Commencement

2. This Direction commences on the day on which particulars of the Direction are published in the Gazette and registered in the Federal Register of Legislative Instruments.

Object of this Direction

3. The object of this instrument is to give direction to Innovation Australia in relation to:

(a) an additional function of Innovation Australia, namely the provision of merit assessments of Eligible Applications referred by the Program Delegate under the Clean Technology Food and Foundries Investment Program; and

(b) the policies and practices to be followed by Innovation Australia in the performance of the function.

Introduction

4. The Department is responsible for administering the $200 million Clean Technology Food and Foundries Investment Program. The Government will provide up to $150 million for the food industry and up to $50 million for the foundry industry. The Program will operate over 6 years from 2011-12 to 2016-17.

The Clean Technology Food and Foundries Investment Program is a competitive, merit based grants program.

Innovation Australia to have regard to policy objectives

5. Innovation Australia must have regard to the following policy objective in giving effect to this Direction: