Document ID: chunk:federal_register_of_legislation:C2020A00028:section:21
Version: federal_register_of_legislation:C2020A00028
Segment Type: section
Provision Reference: s 21
Character Range: 10669–11868

21  Review of operation of this Act
 (1) The Minister must cause a review of the operation of this Act to be undertaken as soon as possible after the third anniversary of the commencement of this Act.
 (2) The review must include:
 (a) the effectiveness of this Act in meeting the object of this Act; and
 (b) the effectiveness of any investment by the Commonwealth in the Fund in relation to the following:
 (i) demand for equity investments by businesses;
 (ii) the impact of the creation of the Fund on the overall access to capital for small and medium Australian enterprises;
 (iii) the impact of the creation of the Fund on competition within capital markets in relation to small and medium Australian enterprises;
 (iv) the operation of the rights and powers of the Commonwealth in relation to the governance arrangements of the Fund.
 (3) The persons undertaking the review must give the Minister a written report of the review. The report must not include information that is commercially sensitive.
 (4) The Minister must cause a copy of the report of the review to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.