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Financial Service Providers (Registration and Dispute Resolution) Act 2008

Registration - Miscellaneous - Review and report on operation of this Part

45: Ministry must review and report on operation of this Part

You could also call this:

“The government checks if the law is working well and suggests improvements”

The Ministry has to look at how this part of the law is working. They need to do this within 5 years after this section starts. When they do this, they have to write a report for the Minister. This report needs to say if they think any changes should be made to this part of the law. The report should suggest if any changes are needed or would be helpful. After the Minister gets this report, they need to show it to the House of Representatives as soon as they can.

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Part 2 Registration
Miscellaneous: Review and report on operation of this Part

45Ministry must review and report on operation of this Part

  1. The Ministry must, not later than 5 years after the commencement of this section,—

  2. review the operation of this Part since the commencement of this section; and
    1. prepare a report on the review for the Minister.

      1. The report on the review must include recommendations to the Minister on whether any amendments to the Act concerning the matters dealt with in this Part are necessary or desirable.

      2. As soon as practicable after receiving the report, the Minister must present a copy of that report to the House of Representatives.

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