(1) The functions of the Panel are:
(a) to advise and make recommendations to the Minister or the Research Minister:
(i) on making and varying; and
(ii) on other matters relating to;
the Higher Education Standards Framework, if requested by that Minister or on the Panel's own initiative; and
(b) to advise and make recommendations to TEQSA on matters relating to the Higher Education Standards Framework, if requested by TEQSA or on the Panel's own initiative.
(2) The Panel must consult interested parties when performing its functions.
(3) The Panel may, by writing, establish advisory committees to assist it in performing any of its functions.
(4) An instrument under subsection (3) is not a legislative instrument.