Document ID: chunk:federal_register_of_legislation:C2020A00135:clause:1_238c
Version: federal_register_of_legislation:C2020A00135
Segment Type: clause
Provision Reference: sch 1 cl 238C
Character Range: 21428–22236

238C  Review of approved codes of conduct
 (1) The applicant, in relation to an approved code of conduct, must ensure that, every 5 years, an independent review is undertaken of the operation of the approved code of conduct.
 (2) A review under subsection (1) must make provision for public consultation.
 (3) A review of an approved code of conduct must be completed:
 (a) for the first review—before the end of the 5 year period beginning on the day the code of conduct was approved; and
 (b) for a subsequent review—within 5 years after the completion of the previous review.
 (4) For the purposes of this section, a review is completed when a report of the review is given to ASIC.
 (5) Within 10 business days of completing a review, the applicant must publish the report of the review on its website.