Commonwealth Consolidated Acts

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FINANCIAL REGULATOR ASSESSMENT AUTHORITY ACT 2021 - SECT 19

Independence

    Subject to this Act and to other laws of the Commonwealth:

  (a)   the Authority has complete discretion in the performance of the Authority's functions and the exercise of the Authority's powers; and

  (b)   the Authority is not subject to direction from anyone in relation to:

  (i)   how a particular assessment will be undertaken; or

  (ii)   the content of a report to the Minister.

Note:   The Authority may be requested to do certain things (see subsections   13(2) and 14(1)).



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