House of Representatives

Industry Research and Development Amendment (Innovation and Science Australia) Bill 2016

Explanatory Memorandum

(Circulated by authority of the Honourable Greg Hunt MP, the Minister for Industry, Innovation and Science)

Statement of Compatibility with Human Rights

Prepared in accordance with Part 3 of the Human Rights (Parliamentary Scrutiny) Act 2011


This Bill is compatible with the human rights and freedoms recognised or declared in the international instruments listed in section 3 of the Human Rights (Parliamentary Scrutiny) Act 2011.

Overview of the Bill

The Industry Research and Development Act 1986 (the Act) promotes the development, and improvement in efficiency and international competiveness of Australian industry by encouraging research and development activities, innovation activities and venture capital activities.

The proposed legislative amendments will broaden the purposes and functions under the Act to provide for strategic advice and programs in relation to industry, innovation, science and research. It will broaden the role of the statutory board and provide it with additional functions and a name that reflect the wider parameters of the Act. The proposed legislative amendments will also include a mechanism to allow the Minister to prescribe programs that further the objective of the Act.

Human rights implications

This Bill does not engage any of the applicable rights or freedoms.


This Bill is compatible with human rights as it does not raise any human rights issues.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).