6Application of the Research Account

6 Application of the Research Account

(1) Subject to this section and section 5A, moneys standing to the credit of the Research Account may be expended: (a) with the approval of the Minister, for the purpose of research; and (b) in payment of remuneration and allowances payable under section 7. (2) In exercising his or her power under paragraph (1)(a) to approve the expenditure of moneys from the Research Account, the Minister shall have regard to recommendations, if any, furnished to him or her by a research advisory committee with respect to the expenditure of those moneys. (3) Without limiting subsection (1), moneys may be expended under that subsection for the purpose of research conducted jointly by a person or body associated with Australia and a person or body associated with another country.