(1) The main objects of this Act are:
(a) to recognise and alleviate the impact of past institutional child sexual abuse and related abuse; and
(b) to provide justice for the survivors of that abuse.
(2) For the purposes of achieving those objects, the objects of this Act are also:
(a) to establish the National Redress Scheme for Institutional Child Sexual Abuse; and
(b) to provide redress under the scheme which consists of:
(i) a monetary payment to survivors as a tangible means of recognising the wrong survivors have suffered; and
(ii) a counselling and psychological component which, depending on where the survivor lives, consists of access to counselling and psychological services or a monetary payment; and
(iii) a direct personal response to survivors from the participating institutions and partly - participating institutions responsible; and
(c) to enable institutions responsible for abuse of survivors to participate in the scheme to provide that redress to those survivors; and
(d) to implement the joint response of:
(i) the Commonwealth Government; and
(ii) the government of each participating State; and
(iii) the government of each participating Territory;
to the recommendations of the Royal Commission into Institutional Responses to Child Sexual Abuse in relation to redress.