Document ID: chunk:federal_register_of_legislation:F2024L00150:clause:1_5
Version: federal_register_of_legislation:F2024L00150
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 7643–8809

5  Strategic objectives
 (1) There are three inter-connected strategic objectives to achieve the vision and aim of the Plan. The strategic objectives are to build economic, environmental, and social resilience. The purpose and intention of these objectives is to ensure grants and arrangements made under section 21 and 22 of the Act are done using a holistic, systems approach, which reflect the diversity of opportunities and challenges facing farmers, businesses, landscapes and communities.
 (2) The objectives are:
 (a) to build economic resilience – growing the productivity and self-reliance of the agricultural sector; and
 (b) to build environmental resilience – improving the function of agricultural landscapes through effective management of the natural resource base; and
 (c) to build social resilience – strengthening the social capital, wellbeing, and connectedness of rural, regional and remote agricultural communities.
 (3) The three strategic objectives do not imply or require an equal funding allocation across the three areas. Instead, activities under the fund will, where possible, work together to simultaneously build the three elements.