Commonwealth Consolidated Acts

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AUTOMOTIVE TRANSFORMATION SCHEME ACT 2009 - SECT 3

Object

  (1)   The object of this Act is:

  (a)   to encourage competitive investment and innovation in the Australian automotive industry; and

  (b)   to place the industry on an economically sustainable footing;

by providing assistance to a participant in the Automotive Transformation Scheme based on the participant's investment if the investment is of a kind prescribed by the Scheme.

  (2)   The object is to be achieved in a way that:

  (a)   improve s environmental outcomes; and

  (b )   promote s the d evelopment of workforce skills .



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