(1) The Minister may, by notifiable instrument, direct the Secretary to conduct a sector assessment.
(2) A sector assessment is an assessment of a sector of the Australian economy that analyses:
(a) the extent to which the sector aligns with the National Interest Framework under subsection 7(3) or (4); and
(b) opportunities to address barriers to private investment, in the national interest, in relation to the sector.
(3) Before giving a direction under subsection (1), the Minister must consult such Ministers as the Minister considers appropriate.
(4) Without limiting subsection (1), a direction under that subsection may specify the period within which the sector assessment is to be conducted or a report on the assessment is to be given to the Minister (see section 9).
(5) To avoid doubt, subsection (1) applies whether or not a sector assessment has previously been conducted for the sector.