Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Secretary must conduct an evaluation of the reforms implemented by this Act and the Foreign Acquisitions and Takeovers Fees Imposition Amendment Act 2020 ( the foreign investment reform Acts ), including:
(a) legislative instruments made under the Foreign Acquisitions and Takeovers Act 1975 and the Foreign Acquisitions and Takeovers Fees Imposition Act 2015 to implement the foreign investment reform Acts; and
(b) administrative changes made to implement the foreign investment reform Acts.
(2) The evaluation must start as soon as practicable, and in any event within 1 month, after this section commences.
(3) The Secretary must give the Treasurer a written report of the evaluation before the end of the period of 12 months beginning on the day this section commences.
(3) Without limiting subsection (1), the evaluation and report must consider:
(a) the impact that the foreign investment reform Acts and their implementation have had on foreign investment in Australia and the broader Australian economy; and
(b) whether the right balance is struck between welcoming foreign investment and protecting Australia's national interests.
(4) The Treasurer must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Treasurer.
(5) The Secretary must publish a copy of the report on the Department's website by no later than the day on which the report is tabled.