The Commission shall inquire into and report to the Minister upon:
(a) any application made by the Northern Territory for a grant of special assistance to that Territory;
(b) any matters, being matters relating to a grant of financial assistance made by the Commonwealth to the Northern Territory, that are referred to the Commission by the Minister; and
(c) any matters, being matters relating to the making of a grant of financial assistance by the Commonwealth to the Northern Territory , that are referred to the Commission by the Minister.