Commentary on Sections and Schedules Part 1 – Terrorist Asset-Freezing Supervision of exercise of powers Section 31 – Independent review of operation of Part 1
77.This section requires the Treasury to appoint a person to review the operation of Part 1 of the Act and for that person to carry out such a review after a period of 9 months after Part 1 of the Act is passed and every subsequent 12 month period (subsections (1) and (2)). The reviewer must send the Treasury a report as soon as practicable after completion of the review (subsection (3)) and the Treasury must lay such report before Parliament (subsection (4)). The Treasury may pay the expenses and allowances of the reviewer (subsection (5)).