20Spending of amounts equal to research and development collected amounts

20 Spending of amounts equal to research and development collected amounts

For the purposes of paragraph 22(2)(c) of the Act, expenditure by the Fisheries Research and Development Corporation of amounts equal to the research and development collected amounts, that relate to a levy or charge imposed by a provision covered by column 1 of an item of the table in section 19 of this instrument (and known as the levy or charge described in column 2 of that item), is to be for the benefit of the farmed prawn industry.