(1A) This section applies in relation to the functions of the Pricing Authority mentioned in subsection 131(1).
(1) The First Ministers' Council may give written policy principles to the Pricing Authority about the performance of the Pricing Authority's functions.
Note: For variation and revocation, see subsection 33(3) of the Acts Interpretation Act 1901 .
(2) The policy principles are to be given in accordance with a written resolution of the First Ministers' Council passed in accordance with the procedures determined by that Council.
(3) The Pricing Authority must publish a copy of the policy principles on its website.
(4) The Pricing Authority must not perform its functions in a manner that is inconsistent with the policy principles (if any).
(5) The policy principles are not legislative instruments.