(1)  The Portfolio Minister and Treasurer, jointly, may give a direction to a Government Business Enterprise to perform, provide or allow a function, service or concession that they are satisfied would not be performed, provided or allowed if the Government Business Enterprise were a business in the private sector acting in accordance with sound commercial practice.

(2)  A Government Business Enterprise must comply with a direction given under subsection (1) .

(3)  The Portfolio Minister and Treasurer, jointly, may amend or revoke a direction given under subsection (1) .

(4)  The amendment or revocation must specify the date on which it takes effect.

(5)  Within 21 days after receiving a direction given under subsection (1) , the Government Business Enterprise may object to the direction on any ground.

(6)  An objection –

(a) is to be in writing; and

(b) is to specify the grounds for the objection; and

(c) is to be provided to the Portfolio Minister and Treasurer.

(7)  If, on receiving an objection, the Portfolio Minister and Treasurer, jointly, determine that the direction is not to be withdrawn or amended, they must cause a copy of the direction and the objection to be laid before each House of Parliament within 5 sitting days after receipt of the objection.