Treasury Laws Amendment (2018 Measures No. 2) Act 2020 (8 of 2020)

4   Independent review of operation of Schedule 1

 

(1) The Minister must cause an independent review to be conducted of the operation of the amendments made by Schedule 1 to this Act.

      

(2) The review must:

(a) start as soon as practicable after the end of 12 months after the commencement of the first regulations made for the purposes of section 926B of the Corporations Act 2001 that exempt a person or class of persons from subsection 911A(1) of that Act to enable testing of particular financial services; and

(b) be completed within 6 months.

      

(3) The persons who conduct the review must give the Minister a written report of the review.

      

(4) The Minister must cause copies of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.