; and (4) nongovernmental activities in outer space shall only be authorized and supervised in manner that is transparent, timely, and predictable, and that places minimal costs and burdens on the authorized and supervised nongovernmental entities. (c) Purposes The purposes of this Act and the amendments made by this Act are— (1) to enhance the existing outer space authorization and supervision framework of the Federal Government to increase transparency and efficiency, and to reduce the administrative burden for nongovernmental entities of the United States seeking to conduct space activities; and (2) to ensure that the United States remains the world leader in commercial space activities. (d) Definitions In this Act— (1) Agreement on the Rescue of Astronauts and the Return of Space Objects the term Agreement on the Rescue of Astronauts and the Return of Space Objects means the Agreement on the Rescue of Astronauts, the Return of Astronauts and the Return of Objects Launched into Outer Space (signed at Washington, Moscow, and London on April 22, 1968, ratified by the United States on December 3, 1968; 19 UST 7570). (2) Convention on Registration of Space Objects the term Convention on Registration of Space Objects means the Convention on Registration of Objects Launched into Outer Space (signed at New York on January 14, 1975, ratified by the United States on September 15, 1976; 28 UST 695). (3) Covered treaties on outer space the term covered treaties on outer space means the following: (A) The Outer Space Treaty. (B) The Agreement on the Rescue of Astronauts and the Return of Space Objects. (C) The Convention on Registration of Space Objects. (D) The Liability Convention. (4) Liability Convention The term Liability Convention means the Convention on the International Liability for Damage Caused by Space Objects (signed at Washington, Moscow, and London on March 29, 1972, ratified by the United States on October 9, 1973