Regulation 13 Manner of undertaking research and development
Research and development is undertaken in accordance with this regulation if—
(a)
the Association directly undertakes by using its own facilities activities that are treated as research and development;
(b)
a person under the terms of a contract with the Association undertakes on behalf of the Association activities that are treated as research and development; or
(c)
a 100% subsidiary company of the Association undertakes on behalf of the Association activities that are treated as research and development.