Document ID: chunk:federal_register_of_legislation:F2023C00974:reg:5
Version: federal_register_of_legislation:F2023C00974
Segment Type: reg
Provision Reference: reg 5
Character Range: 2941–4244

5  Prescribed program
 (1) For the purposes of subsection 33(1) of the Act, the program is prescribed.
 (2) The program provides funding:
 (a) to Australian organisations and businesses to enable them to do either or both of the following:
 (i) to participate in international space projects with relevant overseas organisations;
 (ii) to supply, or contribute (whether directly or indirectly) to supplying, goods and services that will be used by relevant overseas organisations for the purposes of international space projects; and
 (b) to relevant overseas organisations to enable them to do either or both of the following:
 (i) to participate in international space projects with Australian organisations and businesses;
 (ii) to purchase goods and services from Australian organisations and businesses for the purposes of international space projects.
 (3) Without limiting subsection (2), the purposes of the program include the following:
 (a) to enable Australian organisations and businesses to participate in international space projects with relevant overseas organisations;
 (b) to encourage scientific and technical collaboration between Australian organisations and businesses and relevant overseas organisations;
 (c) to increase Australia's participation in the global space industry.