Seán Sherlock (Cork East, Labour) | Oireachtas source

The section amends section 9 of the Industrial Development Act 1993 by requiring an institution engaged in research and development funded wholly or partly from moneys provided by the Oireachtas to supply information to Forfás from time to time. This is required by a Commission regulation relating to statistics on science and technology. Forfás compiles data on a yearly basis regarding Government budget appropriations and outlays on research and development, as required under the Commission regulation, and the Bill provides statutory power for Forfás to collect the data necessary for the purposes of complying with the regulation. The Commission regulation has recently been replaced by a new regulation but retains the same requirement regarding the collection of Government budget appropriations and outlays on research and development and other research data. The amendment reflects the new regulation.