Responsible Ministers may give directions relating to codes of practice
706 Responsible Ministers may give directions relating to codes of practice
The responsible Ministers may direct the Regulator to amend or revoke a code of practice issued by the Regulator under section 705.
The responsible Ministers may give a direction under subsection (1) only if satisfied the amendment or revocation is necessary to ensure the code of practice is not—
unreasonable or impractical; or
inconsistent with the purpose or object of this Law.
The Regulator must comply with a direction given to the Regulator by the responsible Ministers under subsection (1).
The Regulator must publish a copy of the direction on the Regulator’s website.
The Regulator’s annual report must include—
a copy of any directions given to the Regulator in the year to which the report relates; and
the action taken by the Regulator to comply with the directions.
This Act’s bill:Second reading speech
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