The objects of the Trust are to promote, organise, carry out and fund projects, in both the public and private sectors, for--
(a) the restoration and rehabilitation of water sources and their dependant ecosystems, and
(b) the construction of works for the more efficient delivery, use and recycling of water, and
(c) the conduct of water industry adjustment, business restructuring and industry training, and
(d) the conduct of research, and the development of technology, in relation to the matters referred to in paragraphs (a), (b) and (c),in order to maximise the environmental, social and economic benefits of the State's water sources for present and future generations.