Commonwealth Consolidated Acts

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PAYMENT TIMES REPORTING ACT 2020 - SECT 25

Functions of the Regulator

    The Regulator has the following functions:

  (a)   to administer this Act;

  (b)   the functions conferred on the Regulator by this Act;

  (ba)   to undertake research on the payment terms, times and practices of reporting entities and reporting nominees, for the purpose of informing the Commonwealth;

  (bb)   to publish reports on, or other results of, that research;

  (bc)   to publish analysis of the payment terms, times and practices of reporting entities and reporting nominees, for purposes incidental to the purpose of informing the Commonwealth;

  (bd)   to provide users of the register with data and tools to assist them to understand and use information made available on the register;

  (c)   to monitor and enforce compliance with this Act;

  (d)   any other function prescribed by the rules;

  (e)   any other function conferred on the Regulator by any other law of the Commonwealth;

  (f)   to advise the Minister about matters relating to any of the functions mentioned in paragraphs   (a) to (e);

  (g)   to do anything incidental or conducive to the performance of any of the preceding functions.



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