sch.3-sec.111Governmental and industry cost sharing agreements

### sch.3-sec.111 Governmental and industry cost sharing agreements This section applies to a government and industry cost sharing agreement (a GICS agreement ) entered into under the repealed Act, section 21LA, that is in force immediately before the commencement. From the commencement— the GICS agreement is taken to be a government and industry agreement entered into under section 391; and the government and industry agreement applies to the parties to the GICS agreement with any necessary changes to give effect to the GICS agreement. (sch.3-sec.111-ssec.1) This section applies to a government and industry cost sharing agreement (a GICS agreement ) entered into under the repealed Act, section 21LA, that is in force immediately before the commencement. (sch.3-sec.111-ssec.2) From the commencement— the GICS agreement is taken to be a government and industry agreement entered into under section 391; and the government and industry agreement applies to the parties to the GICS agreement with any necessary changes to give effect to the GICS agreement. - (a) the GICS agreement is taken to be a government and industry agreement entered into under section 391; and - (b) the government and industry agreement applies to the parties to the GICS agreement with any necessary changes to give effect to the GICS agreement.