Document ID: chunk:federal_register_of_legislation:F2024C01281:clause:1ab_339
Version: federal_register_of_legislation:F2024C01281
Segment Type: clause
Provision Reference: sch 1AB cl 339
Character Range: 924526–927501

339       Social Impact Investing—Payment by Outcomes Trials (supporting employment opportunities for unemployed or underemployed persons)                     To provide funding to non‑government or private sector organisations to conduct and evaluate the effect of measures that are directed to achieving either or both of the following outcomes:
                                                                                                                                                               (a) supporting unemployed and underemployed persons into employment by providing those persons with educational and training programs, and other support, directly related to helping them to find paid employment;
                                                                                                                                                               (b) supporting the development of microenterprises by, and therefore employment opportunities for, unemployed and underemployed persons.
                                                                                                                                                               This objective also has the effect it would have if it were limited to measures:
                                                                                                                                                               (a) providing, or incidental to the provision of, unemployment benefits (within the meaning of paragraph 51(xxiiiA) of the Constitution); or
                                                                                                                                                               (b) to give effect to Australia's obligations under any of the following:
                                                                                                                                                               (i) the International Covenant on Economic, Social and Cultural Rights, particularly Articles 2, 6, 11 and 12;
                                                                                                                                                               (ii) the International Labour Organization's Convention concerning Employment Policy, particularly Articles 1 and 2;
                                                                                                                                                               (iii) the International Labour Organization's Convention concerning the Organisation of the Employment Service, particularly Articles 1 and 2;
                                                                                                                                                               (iv) the International Labour Organization's Convention concerning Vocational Guidance and Vocational Training in the Development of Human Resources, particularly Articles 1 to 4.