The main objects of this Act are ¾

(a) to establish a State training system for the effective and efficient provision of vocational education and training to meet the immediate and future needs of industry and the community;

(b) to provide for the recognition of vocational education and training, training providers, qualifications and skills;

(c) to provide a means by which the State is able to meet its obligations under national arrangements relating to vocational education and training;

(d) to promote equality of opportunity to undertake vocational education and training;

(e) to provide for research and development for the purposes of vocational education and training; and

(f) to allow for the operation of an open and competitive training market in this State.