# Advanced Research and Invention Agency Act 2022, Section 3: Ambitious research, development and exploitation: tolerance to failure

Extent: E+W+S+N.I.

In exercising any of its functions under this Act, ARIA may give particular weight to the potential for significant benefits to be achieved or facilitated through scientific research, or the development and exploitation of scientific knowledge, that carries a high risk of failure.

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Source: https://www.legislation.gov.uk/ukpga/2022/4/section/3 (the official version)
Page: https://openlegislation.uk/advanced-research-and-invention-agency-act-2022/section-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.