Document ID: chunk:federal_register_of_legislation:C2023C00186:section:3
Version: federal_register_of_legislation:C2023C00186
Segment Type: section
Provision Reference: s 3
Character Range: 4678–5536

3  Objects of this Act
 (1) The main object of this Act is to establish the Northern Australia Infrastructure Facility to provide financial assistance to the States and Territories and other entities for the development of Northern Australia economic infrastructure.
 (1A) An additional object of this Act is to facilitate the provision of financial assistance for the development of Northern Australia economic infrastructure that meets the particular needs of Indigenous persons.
 (2) Northern Australia economic infrastructure is infrastructure that:
 (a) provides a basis for economic growth in Northern Australia; or
 (b) stimulates population growth in Northern Australia.
Note: Infrastructure located outside Northern Australia can be Northern Australia economic infrastructure as long as it meets the requirement set out in paragraph (2)(a) or (b).