Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 11   Amendments of Acts starting with O to R

Productivity Commission Act 1998

75   Section 10

Repeal the section, substitute:

10 Annual report

(1) The annual report prepared by the Chair and given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period must:

(a) report on matters relating to industry, industry development and productivity that have been referred to it during the period; and

(b) report on the number of complaints, received by the Commission during the period, about the competitive neutrality of government businesses and business activities, and the outcomes of the Commission’s investigations into those complaints; and

(c) as far as practicable, report on assistance and regulations affecting industry and the effect of such assistance and regulations on industry and on the economy as a whole.

(2) The report may also report on industry and productivity performance generally.

(3) In this section:

assistance includes any act that, directly or indirectly:

(a) assists a person to carry on a business or activity; or

(b) confers a pecuniary benefit on, or results in a pecuniary benefit accruing to, a person in respect of carrying on a business or activity.