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National Rental Affordability Scheme Act 2008
3Object
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#### 3 Object
(1) The object of this Act is to encourage large‑scale investment in housing by offering an incentive to participants in the National Rental Affordability Scheme so as to:
(a) increase the supply of affordable rental dwellings; and
(b) reduce rental costs for low and moderate income households.
(2) The object of this Act is to be achieved in ways that include:
(a) protecting tenants of rental dwellings covered by allocations; and
(b) protecting investors; and
(c) providing rights to investors; and
(d) recognising the contributions, in cash or in kind, made by States and Territories to participants in the Scheme.