The Industry Research and Development Amendment (Industry Innovation and Science Australia) Bill 2021was passed unamended by Federal Parliament on 30 August 2021. It will rename the independent statutory board currently known as “Innovation and Science Australia” (“ISA”) to “Industry Innovation and Science Australia” (“IISA”) and will make the necessary consequential amendments (ie to other Acts). [LTN 170, 3/9/21]
[Tax Month – September 2021] 3.10.21

