Commonwealth Consolidated Acts

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FINANCIAL REGULATOR ASSESSMENT AUTHORITY ACT 2021 - SECT 13

Timing and requests relating to the biennial assessment and reporting functions

  (1)   The Authority must undertake each of the assessments mentioned in paragraphs 12(1)(a) and (b) once in every 2 financial years starting on 1   July 2021.

  (2)   The Minister may request the Authority to:

  (a)   consider one or more matters; or

  (b)   not consider one or more matters;

when undertaking such an assessment.

  (3)   The Authority must comply with such a request.

  (4)   If such a request is made in writing, the request is not a legislative instrument.

  (5)   The Minister may withdraw or amend such a request at any time before the Authority reports to the Minister.



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