Common use of Reduction in Scope Clause in Contracts

Reduction in Scope. Where GRDC has a right to terminate this Contract, it may elect instead to reduce the scope of the Project by giving notice as required to exercise the relevant termination right (but no less than 30 days' prior notice). Within 30 days after receiving notice from GRDC under clause 18.4(a), the Research Organisation may provide GRDC with notice of variations to the Contract it considers, acting reasonably, to be required in order to facilitate the reduction in scope of the Project. Following receipt of such notice, GRDC may negotiate with the Research Organisation to agree such variations and the date on which the reduction in Project scope takes effect. If the Research Organisation does not provide notice under clause 18.4(b) within the specified time period, the scope of the Project will be reduced in accordance with GRDC's notice on and from the effective date of that notice. Any election by GRDC to reduce the scope of the Project or agree to variations proposed by the Research Organisation under this clause 18.4 is at GRDC's absolute discretion and does not prejudice its right to terminate or any other rights or remedies available to GRDC under this Contract. The provisions of clauses 4.2(c)(ii), 6, 7.2, 7.3, 7.4, 7.5, 8.4, 9, 10, 11.5, 14.6, 15, 18.3, 18.5, 20.1(b), 20.1(c), 21.7 and 21.8 and any other term which, by its nature, is intended to survive expiry or termination of this Contract will survive expiry or termination of this Contract. Terms used in this clause 19 which are defined in the A New Tax System (Goods and Services Tax) Act 1999 (Cth) have the same meaning as in that Act. Unless otherwise indicated, the Research Funds specified in Item 8 of Schedule 1 do not include GST. In relation to any GST payable on a taxable supply by a Party under this Contract, the recipient of the supply must pay the GST subject to: the supplier providing a tax invoice; or if the Research Organisation is the supplier, at the option of GRDC (that may be varied from time to time at GRDC’s discretion), the supplier either: issues to GRDC a tax invoice; or agrees to the issue by GRDC of a recipient created tax invoice (RCTI), and provides any other documentation required by GRDC to claim any input tax credits claimable in relation to the supply.