Commonwealth Numbered Regulations

INDUSTRIAL RESEARCH AND DEVELOPMENT INCENTIVES REGULATIONS (AMENDMENT) 1982

TABLE OF PROVISIONS

           
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 The Industrial Research and Development Incentives Regulations are amended by adding at the 
end thereof the following regulations:
           
Prescribed percentage of eligible expenditure for purposes of sub-paragraph 23 (2) (g) (i) of the Act
           
 ''5. For the purposes of sub-paragraph 23 (2) (g) (i) of the Act, the 
percentage prescribed in relation to the grant year that commenced on 1 July 
1982 is 50 per cent.
           
Prescribed amount for purposes of sub-paragraph 23 (2) (g) (ii) of the Act
           
 ''6. For the purposes of sub-paragraph 23 (2) (g) (ii) of the Act, the 
amount prescribed in relation to the grant year that commenced on 1 July 1982 
is $40,000.''.