(1) The Parliamentary Joint Committee on Intelligence and Security must:
(a) review the operation, effectiveness and implications of this Act; and
(b) without limiting paragraph (a), consider whether it would be appropriate to have a unified scheme that covers all infrastructure assets (including telecommunication assets) that are critical to:
(i) the social or economic stability of Australia or its people; or
(ii) the defence of Australia; or
(iii) national security; and
(c) review the circumstances in which any declarations have been made under Part 6 of this Act (declarations of assets by the Minister); and
(d) report the Committee's comments and recommendations to each House of the Parliament.
(2) The Committee must begin the review before the end of 3 years after this Act receives the Royal Assent.