3Object

3 Object

The main object of this Act is to support the creation and retention of Australian jobs by: (a) requiring Australian Industry Participation plans for major projects; and (b) providing that an Australian Industry Participation plan for a major project will ensure that Australian entities have full, fair and reasonable opportunity to bid for: (i) the supply of key goods or services for the project; and (ii) if the project involves establishing a new facility—the supply of key goods or services for the new facility’s initial operational phase.