s 3

Object

In force

(1)

The object of this Act is to encourage large‑scale investment in housing by offering an incentive to participants in the National Rental Affordability Scheme so as to:

(a)

increase the supply of affordable rental dwellings; and

(b)

reduce rental costs for low and moderate income households.

(2)

The object of this Act is to be achieved in ways that include:

(a)

protecting tenants of rental dwellings covered by allocations; and

(b)

protecting investors; and

(c)

providing rights to investors; and

(d)

recognising the contributions, in cash or in kind, made by States and Territories to participants in the Scheme.

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