Commonwealth Consolidated Acts

FINANCIAL REGULATOR ASSESSMENT AUTHORITY ACT 2021

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Object of this Act  
   4.      Simplified outline of this Act  
   5.      Definitions  
   6.      Act binds the Crown  
   7.      Act extends to things outside Australia  

   PART 2--ESTABLISHMENT--, FUNCTIONS AND COOPERATION

           Division 1--Simplified outline of this Part

   8.      Simplified outline of this Part  

           Division 2--Authority

   9.      Establishment  
   10.     Membership  
   11.     Authority is part of the Department for certain purposes  

           Division 3--Functions

   12.     Functions  
   13.     Timing and requests relating to the biennial assessment and reporting functions  
   14.     Requests relating to the ad hoc assessment and reporting function  
   15.     Assessments and reviews undertaken by others  
   16.     Reports to be given to APRA or ASIC  
   17.     Biennial reports must be tabled  
   18.     Powers  
   19.     Independence  

           Division 4--Cooperation with Authority

   20.     Cooperation with Authority  
   21.     Legal professional privilege  

   PART 3--MEMBERS--, STAFF AND CONSULTANTS

           Division 1--Simplified outline of this Part

   22.     Simplified outline of this Part  

           Division 3--Members

   24.     Appointment  
   25.     Period of appointment  
   26.     Acting appointments  
   27.     Remuneration  
   28.     Leave  
   29.     Terms and conditions  
   30.     Other paid work  
   31.     Disclosure of interests  
   32.     Resignation  
   33.     Termination of appointment  

           Division 4--Decision-making by Authority

   34.     Meetings of Authority  
   35.     Decisions without meetings  

           Division 5--Staff and consultants

   36.     Arrangements relating to the staff of the Department  
   37.     Consultants  

   PART 4--INFORMATION--MANAGEMENT

           Division 1--Simplified outline of this Part

   38.     Simplified outline of this Part  

           Division 2--Inclusion of information in reports

   39.     Protected information not to be included in reports  

           Division 3--Secrecy

              Subdivision A--Unauthorised use or disclosure of protected information

   40.     Unauthorised use or disclosure of protected information  
   41.     Limit on disclosure to courts and tribunals  

              Subdivision B--Authorised use or disclosure of protected information

   42.     Authorisation to use or disclose protected information for the purposes of functions, duties and powers  
   43.     Authorisation to disclose protected information to the Secretary, APRA and ASIC  
   44.     Authorisation to use or disclose protected information for purposes of enforcement related activity  
   45.     Authorisation to use or disclose protected information in the public interest  

   PART 5--MISCELLANEOUS

   46.     Simplified outline of this Part  
   47.     Protection from liability  
   48.     Delegation by Minister  
   49.     Delegation by Authority  
   50.     Delegation by Secretary  
   51.     Rules