53Administration of research fund by University of Tasmania

53 Administration of research fund by University of Tasmania

[Section 53 Inserted by No. 44 of 1993, s. 13 ]

(1)  The principal and interest of the money paid to the University of Tasmania under section 52 (1) (b) is to be available for the encouragement of medical research into the causes, treatment and prevention of any disease, injury or medical condition which may occur in, or arise from, mining operations and also into rehabilitation after any such disease, injury or condition.

(2)  In the administration of the trusts arising under this section by the University of Tasmania –

(a) grants for research are not to be made except after consultation with organizations representing the interests of the employers and employees engaged in mining operations; and

(b) the University may reimburse itself for any expense reasonably incurred for the purposes of those trusts.

(3)  In the selection of research projects for the purpose of making a grant, preference is to be given –

(a) in the first instance, to projects to be conducted in Tasmania or projects likely to benefit research into the health of mining employees in Tasmania; and

(b) secondly, to projects to be conducted in Australia.

(4)  In the exercise of its powers under this section, the University of Tasmania must endeavour to ensure that as far as practicable the principal and interest of the money paid to it under section 52 (1) (b) is applied during a period of 2 years commencing on the commencement date.