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Advanced Research And Invention Agency Act 2022

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Explanatory Notes

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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The Act establishes the Advanced Research and Invention Agency (ARIA) as a statutory corporation. ARIA is a new type of funding body for conducting, commissioning and supporting ambitious scientific research with a tolerance to failure.