|
|
|
Disbursement of certain funds and international cooperation
|
| |
|
|
| |
5. The Act of 2003 is amended by inserting the following sections after section 7:
|
|
| |
“Disbursement of certain funds
|
|
| |
7A. (1) The Foundation may disburse funds to an institution in Northern Ireland—
|
|
| |
(a) under the scheme administered by the Foundation on behalf of the Minister prior to the coming into operation of this section and known as the Charles Parsons Energy Research Awards Scheme, or
|
|
| |
(b) subject to subsection (2), under any scheme referred to in section 7(1)(f).
|
|
| |
(2) The Foundation may disburse funds to which subsection (1)(b) applies—
|
|
| |
(a) through an institution in the State in receipt of funds from the Foundation where the institution in Northern Ireland is a partner of the institution in the State or of a company carrying on business in the State for the purposes of carrying out a research project, or
|
|
| |
(b) directly to the institution in Northern Ireland where the Foundation is satisfied that an institution in the State or a company carrying on business in the State is a partner of the institution in Northern Ireland for the purposes of carrying out a research project.
|
|
| |
International cooperation
|
|
| |
7B. The Foundation, subject to the consent of the Minister, may—
|
|
| |
(a) participate in, and contribute to the funding of, international collaborative projects relating to strategic areas of opportunity for the State, and
|
|
| |
(b) enter into an agreement with any person having a function relating to science or technology outside the State for the purposes of paragraph (a).”.
|
