78Information to the Minister about certain directions

78 Information to the Minister about certain directions

(1) If the Minister requests the Regulator to provide information about: (a) directions given under section 64 or 65 to a particular accountable entity; or (b) directions given under section 64 or 65 during a particular period; the Regulator must comply with the request. (2) The Regulator may provide any information that it considers appropriate to the Minister about: (a) directions given under section 64 or 65; or (b) revocations of such directions. (3) If the Regulator provides the Minister with information about a direction and later revokes the direction, the Regulator must notify the Minister of the revocation as soon as practicable after the revocation. (4) Failure to comply with this section does not affect the validity of a direction or revocation.