Financial Regulator Assessment Authority Act 2021
13Timing and requests relating to the 5‑yearly assessment and reporting functions
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13 Timing and requests relating to the 5‑yearly assessment and reporting functions
(1) The Authority must undertake each of the assessments mentioned in paragraphs 12(1)(a) and (b): (a) once in the period that begins at the start of 1 July 2023 and ends at the end of 30 June 2028; and (b) once in each successive period of 5 financial years. (2) The Minister may request the Authority to: (a) consider one or more matters; or (b) not consider one or more matters; when undertaking such an assessment. (3) The Authority must comply with such a request. (4) If such a request is made in writing, the request is not a legislative instrument. (5) The Minister may withdraw or amend such a request at any time before the Authority reports to the Minister.