(1) The Corporation must conduct a review of its operation and the operation of this Act within 12 months after an occupancy permit has been issued under the Building Act 1993 for a residential dwelling in the Precinct for the first time.
(2) The Corporation must prepare a report of the review, incorporating any recommendations on the following:
(a) the management of the Precinct;
(b) the representation of individuals and groups in the membership of the Corporation;
(c) the devolution of the Corporation's powers and functions to another body;
(d) any other matter for which the Minister has requested a recommendation;
(e) any other matter the Corporation considers appropriate.