Northern Territory Numbered Acts Northern Territory Numbered Acts(1) Within the last year of each review period, the Regulator must:
(a) conduct and complete a review of the operation of this Part and the regulations made for this Part; and
(b) prepare a report on the review; and
(c) give a copy of the report to the Minister.
(2) The purpose of a review is to determine:
(a) whether there is an ongoing need for regulatory oversight of access to, and pricing of, prescribed services provided by private port operators; and
(b) whether there is a need to change the form of regulatory oversight of access and, if so, how; and
(c) whether there is a need to change the form of regulatory oversight of prices and, if so, how; and
(d) whether amendments should be made to this Part or the regulations made for it and, if so, the nature of those amendments.
(3) The Regulator must consult with each private port operator during a review.
(4) The Minister must table a copy of a report on a review in the Legislative Assembly within 7 sitting days after receiving it.
(5) To avoid doubt, this section does not prevent this Part or the regulations made for it being amended or repealed at any time.
(6) In this section:
"review period" means each of the following:
(a) the 3 year period starting on the commencement of this Part;
(b) each successive 5 year period after the period mentioned in paragraph (a).