27ARegistering R&D entities for R&D activities

#### 27A Registering R&D entities for R&D activities (1) The Board must, on application by an R&D entity, decide whether to register or refuse to register the entity for either or both of the following for an income year: (a) one or more specified activities as core R&D activities conducted during the income year; (b) one or more specified activities as supporting R&D activities conducted during the income year. > Note 1: A decision under this subsection is reviewable (see Division 5). > Note 2: For requirements of applications, see section 27D. (2) If the Board decides under subsection (1) to register the R&D entity, the Board must do so consistently with: (a) any findings already in force under subsection 27B(1) in relation to the application; and (b) any findings already in force under subsection 28A(1) (advance findings about the nature of activities) in relation to the R&D entity. (3) For each activity registered under subsection (1) as a supporting R&D activity for an R&D entity for an income year, the registration is to also specify: (a) one or more activities as the corresponding core R&D activities; and (b) if any of those activities specified as a core R&D activity is not registered under paragraph (1)(a) for the R&D entity for the income year—each income year for which that core R&D activity: (i) was registered under paragraph (1)(a) for the R&D entity; or (ii) is proposed to be registered under paragraph (1)(a) for the R&D entity.