{"id":"F2009B00152","name":"Industry Research and Development Act 1986 - Directions in respect of Additional Functions of the IR&D Board","slug":"industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":121516,"registerId":"commonwealth-F2009B00152-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Industry Research and Development Act 1986 - Directions in respect of Additional Functions of the IR&D Board","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: APPENDIX B\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\nCOMMONWEALTH OF AUSTRALIA\n\nINDUSTRY RESEARCH AND DEVELOPMENT ACT 1986\n\nDIRECTIONS IN RESPECT OF ADDITIONAL FUNCTIONS OF THE INDUSTRY RESEARCH AND DEVELOPMENT BOARD\n\n \n\n \n\nI, PETER COOK, Minister of State for Industry, Science and Technology,    pursuant to Section 19 of the Industry Research and Development Act 1986, HEREBY DIRECT the Industry Research and Development Board to carry out, pursuant to Section 7 of the said Act, the following functions:\n\n \n\n1. Provide Competitive Grants for Research and Development;\n\n\n \n\n2.                   Provide Concessional Loans for Commercialisation or Technological Innovation; and\n\n \n\n3.                   Enter into agreements to facilitate the implementation of the said functions, monitor progress and otherwise ensure the proper administration of these functions.\n\n \n\n \n\n# Dated this 1 day of July 1994\n\n \n\n \n\n \n\n \n\nPeter Cook\n\nMinister of State for\n\nIndustry, Science and Technology\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1941},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":true,"description":"This Direction significantly expanded the Board's operational scope by adding direct financial assistance functions (competitive grants and concessional loans) to its existing duties, effectively transforming it from an administrative or advisory body into an active funding agency with market intervention powers."},"complexity_factors":["Extremely short document containing only three brief functional directives","No defined terms, interpretation section, or schedules","Minimal cross-referencing (only cites sections 7 and 19 of the parent Act)","Simple imperative language with no conditions, exceptions, or procedural detail"],"plain_english_summary":"**What this does:** This is a 1994 ministerial order issued under the *Industry Research and Development Act 1986*. It instructs the Industry Research and Development Board (a government agency) to start running three new programs:\n\n* **Competitive grants** – giving money to businesses for research and development projects;\n* **Concessional loans** – offering cheap or favourable loans (better terms than a bank would offer) to help businesses turn new technology into commercial products; and\n* **Administrative agreements** – setting up contracts to manage these programs and ensure the money is spent properly.\n\n**Who it affects:** Australian businesses seeking government funding for R&D and innovation, and the Board itself, which must now administer these financial assistance programs.\n\n**Why it matters:** It expands the Board's role from general policy advice or administration to actively handing out cash and loans to industry, marking a shift toward direct government investment in private sector innovation."}},"importantCases":[],"_links":{"self":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d","history":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d/history","analysis":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d/analysis","conflicts":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d/conflicts","importantCases":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d/important-cases","documents":"/api/acts/industry-research-and-development-act-1986-directions-in-respect-of-additional-functions-of-the-ir-d/documents"}}