Industry Research and Development (Silicon Quantum Computing Support Program) Instrument 2024
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Commonwealth Coat of Arms of Australia
Industry Research and Development (Silicon Quantum Computing Support Program) Instrument 2024
I, Ed Husic, Minister for Industry and Science, make the following instrument.
Dated: 25 January 2024
Ed Husic
Minister for Industry and Science
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 (Silicon Quantum Computing Support Program) Instrument 2024.
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.
Note: This table relates only to the provisions of this instrument as originally made.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.
appointed person means a person appointed by the Commonwealth to act as a nominee director on the board of directors of SQC.
program: see subsection 5(1).
remuneration includes salary, allowances, benefits and superannuation.
SQC means Silicon Quantum Computing Pty Ltd (ACN 619 102 608).
5 Prescribed program
(1) For the purposes of subsection 33(1) of the Act, the Silicon Quantum Computing Support Program (the program) is prescribed.
(2) The program is to support an appointed person to perform their functions, powers and duties as a nominee director of SQC, including by providing for their engagement and remuneration.
(3) The purpose of the program is to support SQC in carrying out its activities, particularly nationally significant research and development in the field of quantum computing.
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) foreign corporations, and trading or financial corporations formed within the limits of the Commonwealth (within the meaning of paragraph 51(xx) of the Constitution);
(b) enterprises and activities that are peculiarly adapted to the government of a nation and cannot otherwise be carried on for the benefit of the nation (see paragraph 51(xxxix) and section 61 of the Constitution).