Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For paragraph 115(1)(b) of the Act, the number prescribed for a kind of partnership or association is the number specified in the following table for that kind of partnership or association:
Item | Kind of partnership or association | Number |
1 | (a) Actuaries, medical practitioners, patent attorneys, sharebrokers, stockbrokers or trademark attorneys (b) Partnerships or associations of the kind specified in subregulation (2) | 50 |
2 | Architects, pharmaceutical chemists or veterinary surgeons | 100 |
3 | Legal practitioners | 400 |
4 | Accountants | 1 000 |
(2) For paragraph (b) of item 1 of the table in subregulation (1), the partnership or association is one that:
(a) has as its primary purpose collaborative scientific research; and
(i) at least 1 university; and
(ii) at least 1 private sector participant;
whether or not it also includes government agencies or publicly funded research bodies.
"private sector participant" means an entity that obtains the majority of its revenue from sources other than Commonwealth, State or Territory appropriations.