Tax Laws Amendment (Research and Development) Act 2011 (93 of 2011)

Schedule 2   Innovation Australia's role

Part 2   Other amendments

Industry Research and Development Act 1986

36   Paragraph 46(2)(ca)

Repeal the paragraph, substitute:

(ca) must set out:

(i) the total number of applications during the year for registration under section 27A for a tax offset under Division 355 of the Income Tax Assessment Act 1997; and

(ii) the total amounts of the offsets involved; and

(iii) an analysis of the operation of the R&D tax offset scheme for the year; and