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Industry Research and Development (Catalysing the Artificial Intelligence Opportunity in Our Regions Program) Instrument 2022
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Commonwealth Coat of Arms of Australia
Industry Research and Development (Catalysing the Artificial Intelligence Opportunity in Our Regions Program) Instrument 2022
I, Melissa Price, Minister for Science and Technology, make the following instrument.
Dated: 29 March 2022
Melissa Price
Minister for Science and Technology
Contents
1 Name
2 Commencement
3 Authority
4 Definitions
5 Prescribed program
6 Specified legislative power
1 Name
This instrument is the Industry Research and Development (Catalysing the Artificial Intelligence Opportunity in Our Regions Program) Instrument 2022.
2 Commencement
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
3 Authority
This instrument is made under section 33 of the Industry Research and Development Act 1986.
4 Definitions
In this instrument:
Act means the Industry Research and Development Act 1986.
program: see subsection 5(1).
regional-AI-focused corporations means constitutional corporations that, independently of the program, engage in, or intend to engage in, either or both of the following activities:
(a) activities to build artificial intelligence capabilities for businesses and communities;
(b) activities to develop businesses and communities in regional areas.
5 Prescribed program
(1) For the purposes of subsection 33(1) of the Act, the Catalysing the Artificial Intelligence Opportunity in Our Regions Program (the program) is prescribed.
(2) The program is to provide funding for grants to regional-AI-focused corporations to deliver projects that build artificial intelligence capabilities for businesses and communities in regional areas.
6 Specified legislative power
For the purposes of subsection 33(3) of the Act, the power of the Parliament under paragraph 51(xx) of the Constitution to make laws with respect to foreign corporations and trading or financial corporations formed within the limits of the Commonwealth is specified.