Economic Regulation Authority Act 2003

A Joint Standing Committee of both Houses of Parliament appointed for the purposes of this section must carry out a review of the operation and effectiveness of this Act as soon as is practicable after the expiry of 2 years from the commencement of this section and thereafter at 5 yearly intervals.

In the course of that review the Joint Standing Committee must consider and have regard to —

the effectiveness of the operations of the Authority; and

the need for the continuation of the functions of the Authority; and

any other matters that appear to the Joint Standing Committee to be relevant to the operation and effectiveness of this Act.

The Joint Standing Committee must prepare a report based on the review and, as soon as is practicable after the report is prepared, must cause it to be laid before each House of Parliament.