24Purpose of the MRFF Health Special Account

24 Purpose of the MRFF Health Special Account

The purpose of the MRFF Health Special Account is to make grants, for the purposes of supporting medical research and medical innovation, to any one or more of the following bodies: (a) a medical research institute; (b) a university; (c) a corporate Commonwealth entity; (d) a corporation.

Note 1 See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

Note 2: A body that receives a grant may be acting in partnership with an overseas body or other body in relation to the medical research or medical innovation.