Document ID: chunk:federal_register_of_legislation:F2024L01631:reg:5
Version: federal_register_of_legislation:F2024L01631
Segment Type: reg
Provision Reference: reg 5
Character Range: 2081–2999

5  Prescribed program
 (1) For the purposes of subsection 33(1) of the Act, the Offshore Decommissioning Directorate Program (the program) is prescribed.
 (2) The program provides funding for the Offshore Decommissioning Directorate to work with industry, unions, First Nations groups, state and territory governments and the community to address barriers to the growth of Australia's decommissioning industry.
 (3) The purpose of the program is to support an effective and efficient decommissioning industry in Australia, including by providing funding for the following:
 (a) to support greater awareness of Commonwealth and other regulations amongst the decommissioning industry;
 (b) to undertake research and provide advice on aspects of decommissioning policy, regulation and industry activity;
 (c) to encourage industry coordination of decommissioning projects;
 (d) international engagement and cooperation.