18ARegulatory functions of Tribunal

#### 18A Regulatory functions of Tribunal 18A Regulatory functions of Tribunal > > (1) The regulatory functions of the Tribunal under this Act are— > > > > > (a) the function of making recommendations under subsection (2), and > > > > > (b) the function of monitoring and reporting under subsection (3), and > > > > > (c) the function of imposing monetary penalties, or requiring other action to be taken, under section 17A, and > > > > > (d) the licence auditing functions of the Tribunal under section 18B, and > > > > > (e) such other functions of the Tribunal under this Act as are specified by the regulations for the purposes of this section. > > > (2) The Tribunal has the function of making recommendations to the Minister for or with respect to— > > > > > (a) the granting, amendment or cancellation of the operating licence, and > > > > > (b) the imposition, amendment or cancellation of conditions in relation to the operating licence, and > > > > > (c) action to be taken, and sanctions to be applied, in respect of a contravention of the operating licence, and > > > > > (d) remedial action that may be warranted as a result of a contravention of the operating licence. > > > (3) The Tribunal has the function of monitoring and reporting to the Minister on compliance by the Corporation with the operating licence. > > > (4) Part 4B of the [Independent Pricing and Regulatory Tribunal Act 1992](/view/html/inforce/current/act-1992-039) applies in relation to the Tribunal’s regulatory functions under this Act. > > **pt 5, div 1B (ss 18A–18D):** Ins 2000 No 60, Sch 1.4 \[3\].