5Prescribed program

5 Prescribed program

(1) For the purposes of subsection 33(1) of the Act, the program is prescribed. (2) The program provides funding: (a) to Australian organisations and businesses to enable them to do either or both of the following: (i) to participate in international space projects with relevant overseas organisations; (ii) to supply, or contribute (whether directly or indirectly) to supplying, goods and services that will be used by relevant overseas organisations for the purposes of international space projects; and (b) to relevant overseas organisations to enable them to do either or both of the following: (i) to participate in international space projects with Australian organisations and businesses; (ii) to purchase goods and services from Australian organisations and businesses for the purposes of international space projects. (3) Without limiting subsection (2), the purposes of the program include the following: (a) to enable Australian organisations and businesses to participate in international space projects with relevant overseas organisations; (b) to encourage scientific and technical collaboration between Australian organisations and businesses and relevant overseas organisations; (c) to increase Australia’s participation in the global space industry.