Coal Research Assistance Act 1977

The Coal Research Assistance Act 1977 is an Australian legislation that relates to coal research. The Act may be cited as the Coal Research Assistance Act 1977 and comes into operation on the day it receives the Royal Assent.

The Act establishes a research account known as the Coal Research Trust Account, which is a trust account for the purposes of section 62A of the Audit Act 1901. Money to be paid into the Research Account includes amounts equal to the amount determined by the Minister under subsection (2) multiplied by the number of tonnes of coal on which amounts of duty of excise are raised from time to time.

The Act also establishes a system for research advisory committees, which are appointed or declared to be research advisory committees. The Minister may appoint persons as a research advisory committee and request them to furnish recommendations.

The Act includes provisions relating to the transfer of grant agreements, intellectual property rights, assets and liabilities, exemption from stamp duty, reversion to Commonwealth, and compensation for acquisition of property.

Endnotes provide details about the history of the legislation, its amendments, and any modifications or misdescribed amendments that have been made. The endnotes also include information on abbreviations used in the compilation and miscellaneous information that may be helpful for a reader.

The Coal Research Assistance Act 1977 has been amended by several laws, including the Coal Industry Legislation Amendment Act 1982, the Coal Research Assistance Amendment Act 1992, and the Statute Law Revision Act 2008. There are no uncommenced amendments or misdescribed amendments in this compilation.