Industry Research and Development (Modern Manufacturing Initiative Program) Instrument 2021
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Commonwealth Coat of Arms of Australia
Industry Research and Development (Modern Manufacturing Initiative Program) Instrument 2021
I, Christian Porter, Minister for Industry, Science and Technology, make the following instrument.
Dated 27 April 2021
Christian Porter
Minister for Industry, 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 (Modern Manufacturing Initiative Program) Instrument 2021.
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.
- Commencement information
- Column 1 Column 2 Column 3
- Provisions Commencement Date/Details
-
- The whole of this instrument The day after this instrument is registered. 5 May 2021
Note: This table relates only to the provisions of this instrument as originally made.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).
5 Prescribed program
(1) For the purposes of subsection 33(1) of the Act, the Modern Manufacturing Initiative Program (the program) is prescribed.
(2) The program provides funding on a co‑investment basis to stimulate business investment in the manufacturing sector by supporting the following:
(a) large projects that bring together businesses, researchers and investors to build economies of scale and allow businesses to better compete in international markets;
(b) projects aimed at translating research into commercial solutions;
(c) projects that target the integration of Australian businesses into domestic and global value chains.
(3) The purposes of the program are to:
(a) address barriers to scale and competitiveness for Australian manufacturing; and
(b) build manufacturing capabilities and networks, lift productivity, create jobs and boost the export potential and global competitiveness of Australian businesses.
6 Specified legislative power
For the purposes of subsection 33(3) of the Act, the powers of the Parliament to make laws with respect to the following are specified:
(a) trade and commerce with other countries, and among the States (within the meaning of paragraph 51(i) of the Constitution);
(b) foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth (within the meaning of paragraph 51(xx) of the Constitution).