Commonwealth Consolidated Acts

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NATIONAL RECONSTRUCTION FUND CORPORATION ACT 2023 - SECT 91

Periodic reviews of the operation of this Act

  (1)   The nominated Minister must cause independent reviews to be conducted of the operation of this Act.

Public consultation

  (2)   A review under subsection   (1) must make provision for public consultation.

Report

  (3)   The person or persons who conduct the review must give the nominated Minister a written report of the review.

  (4)   The nominated Minister must cause copies of a report under subsection   (3) to be tabled in each House of the Parliament within 15 sitting days of that House after the review is completed.

First review

  (5)   The first review under subsection   (1) must be completed by 31   December 2026.

Subsequent reviews

  (6)   Each subsequent review under subsection   (1) must be completed within 5 years after the completion of the previous review.

When review is completed

  (7)   For the purposes of subsections   (4), (5) and (6), a review is completed when the report of the review is given to the nominated Minister under subsection   (3).



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