Document ID: chunk:federal_register_of_legislation:C2021C00542:clause:3_5
Version: federal_register_of_legislation:C2021C00542
Segment Type: clause
Provision Reference: sch 3 cl 5
Character Range: 11751–12471

5  After subsection 151BU(4)
Insert:
 (4A) The Commission must review any rules for keeping or retaining records containing information relevant to the operation of Division 12 of this Part at least once in each of the following periods:
 (a) the period of 1 year after the commencement of this subsection;
 (b) the period of 5 years after the completion of the previous review.
 (4B) In reviewing rules under subsection (4A), the Commission must have regard to:
 (a) whether the information is publically available; and
 (b) whether consumer demand for the goods and services to which the information relates has changed; and
 (c) the usefulness of the information to consumers, industry, the Minister and Parliament.