57Review of Act and effectiveness of Corporation

57 Review of Act and effectiveness of Corporation

57 Review of Act and effectiveness of Corporation

(1) The Minister must review this Act to determine—

(a) whether the policy objectives of the Act remain valid, and

(b) whether the terms of the Act remain appropriate for achieving the objectives, including the effectiveness of the Corporation in achieving the Corporation’s objects under this Act.

(2) The review must—

(a) include public consultation about the matters mentioned in subsection (1)(a) and (b), and

(b) be undertaken as soon as possible after the period of 5 years from the commencement of this Act.

(3) A report on the outcome of the review is to be tabled in each House of Parliament within 12 months after the end of the period of 5 years.