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(1)The objects of NESTA are to support and promote talent, innovation and creativity in the fields of science, technology and the arts.
(2)The objects of NESTA are to be achieved by the following means, namely—
(a)helping talented individuals (or groups of such individuals) in the fields of science, technology and the arts to achieve their potential;
(b)helping persons to turn inventions or ideas in the fields of science, technology and the arts into products or services—
(i)which can be effectively exploited; and
(ii)the rights to which can be adequately protected; and
(c)contributing to public knowledge and appreciation of science, technology and the arts.
(3)At the request of NESTA, the Secretary of State may by order amend subsection (2) above so as to add to, remove or vary any of the means by which NESTA are to achieve their objects.
(4)An order under this section shall be made by statutory instrument; but no such instrument shall be made unless a draft of it has been laid before, and approved by a resolution of, each House of Parliament.
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