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(1) The object of this Law is to provide for a national system of registration, monitoring and regulation of community housing providers:

(a) to encourage the development, viability and quality of community housing, and

(b) to promote confidence in the good governance of registered community housing providers so as to facilitate greater investment in that sector, and

(c) to make it easier for community housing providers to operate in more than one participating jurisdiction.

(2) A purpose of registration is to identify appropriate entities to which government funding for community housing might be provided under other legislation or policies of a jurisdiction.