NEW ZEALAND GAZETTE, No. 122 — 11 NOVEMBER 2015

a. The Public Finance Act 1989 and the relevant Appropriation Acts for Vote Business, Science and Innovation;

b. the eligibility and assessment criteria specified in this notice and the relevant schedules to this notice;

c. the investment signals and mix of investment set out in the relevant annual Investment Plan specified in clause 4; and

d. the government’s Vision Mātauranga policy.

Eligibility criteria

6. For proposals to be assessed under the MBIE contestable research fund against the assessment criteria set out in the Schedules to this notice, they must:

   a. Be made by a New Zealand-based research organisation or a New Zealand-based legal entity representing a New Zealand-based research organisation;

   b. not be solely for the benefit of the research organisation or legal entity which represents the organisation;

   c. not be made by a department of the public service as listed in Schedule 1 of the State Sector Act 1988;

   d. be made under an investment mechanism specified in the Schedules to this notice;

   e. be for research, science or technology or related activities, the majority of which are to be undertaken in New Zealand, unless the Science Board considers that there are compelling reasons to consider the proposals, despite the amount of research, science or technology or related activities being proposed to be undertaken overseas;

   f. meet any applicable timing, formatting, system or other similar administrative requirements imposed by MBIE in supplying administrative services to the Science Board under section 10(7) of the RS&T Act 2010; and

   g. advise that the proposed funding recipient will, and the Science Board is of the view that it can, adhere to the terms and conditions of funding set out in an investment contract determined by the Science Board.

Revocation of previous notices

7. I hereby revoke the following notices:

   a. Criteria for proposals generated by a Sandpit process, published as a supplement to the New Zealand Gazette, 5 December 2012, No. 146, page 4251;

   b. Investment Priorities for the 2014 Science Investment Round, published as a supplement to the New Zealand Gazette, 6 December 2013, No. 163, page 4499;

   c. Criteria for Proposals for Science-Led Contestable Funding, published as a supplement to the New Zealand Gazette, 30 October 2014, Issue No. 132, Notice No. 2014-go6681;

   d. Funding for Smart Ideas in the 2015 Science Investment Round, published as a supplement to the New Zealand Gazette, 30 October 2014, Issue No. 132, Notice No. 2014-go6680; and

   e. Funding for Targeted Research in the 2015 Science Investment Round, published as a supplement to the New Zealand Gazette, 27 November 2014, Issue No. 143, Notice No. 2014-go7216.

Dated at Wellington this 6th day of November 2015.

Hon STEVEN JOYCE, Minister of Science and Innovation.

Schedule 1

Smart Ideas investment mechanism

Specific policy objectives

1. This investment mechanism is intended to catalyse and rapidly test promising, innovative research ideas with high potential for benefit for New Zealand, to enable refresh and diversity in the science portfolio.

Assessment criteria

2. A proposal for Smart Ideas that has been assessed as eligible for the MBIE contestable research fund under clause 6 of the main notice must be assessed having regard to the extent to which the proposal meets the following criteria:

   a. Excellence.

   i. Science (weighted 50%). Research should be well-designed, well-performed, and leverage additional

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