Treasury Laws Amendment (Housing Measures No. 1) Act 2023 (81 of 2023)

Schedule 2   Housing Australia functions

Part 1   Main amendments

Housing Australia Act 2018

16   After section 57A

Insert:

57B Review of financing function

(1) The Minister must cause a review of the NHIF (within the meaning of the National Housing Finance and Investment Corporation Investment Mandate Direction 2018) to be commenced within 3 months after the end of:

(a) the period beginning on the day Schedule 2 to the Treasury Laws Amendment (Housing Measures No. 1) Act 2023 commences and ending 12 months after that day; and

(b) each subsequent 12 month period.

(2) The persons undertaking the review must give the Minister a written report of the review within 3 months of the commencement of the review.

(3) The Minister must cause a copy 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.