This paper outlines the RF design of the CLIC (Compact Linear Collider) 30 GHz main linac accelerating structure and gives the resulting longitudinal and transverse mode properties. The critical requirement for multibunch operation, that transverse wakefields be suppressed by two orders of magnitude within 0.7 ns (twenty fundamental mode cycles), has been demonstrated in a recent ASSET experiment. The feasibility of operating the structure at an accelerating gradient of 150 MV/m for 130 ns has yet to be demonstrated. Damage of the internal copper surfaces due to high electric fields or resulting from metal fatigue induced by cyclic surface heating effects are a major concern requiring further study.