The deadline for making decisions to provide financial assistance extends to 30 June 2036

The Board must tell responsible Ministers in writing if the Facility fails to follow the Investment Mandate

Responsible Ministers can order the Board to explain failures or take specific action to ensure compliance

The Board must follow any directions given by responsible Ministers

Failure to follow the Investment Mandate or a ministerial direction does not invalidate any transactions

Powers previously held by a single Minister move to the responsible Ministers

The Minister must start reviews of the Act after 30 June 2029; another review must start after 30 June 2034

The Northern Australia Infrastructure Facility (NAIF) can now make decisions to provide financial assistance until 30 June 2036.

The NAIF Board must tell the responsible Ministers in writing as soon as possible if the Facility or its subsidiaries fail to follow the Investment Mandate.

Responsible Ministers can order the NAIF Board to explain a failure to follow the Investment Mandate and tell them how to fix it. The Board must follow these directions.

Transactions made by the Northern Australia Infrastructure Facility remain valid even if the Facility failed to follow the Investment Mandate or a Minister's direction.

Authority for several sections of the Act shifts from a single Minister to multiple responsible Ministers.

Responsible Ministers can decide the terms and conditions for the NAIF Chair's leave of absence.

The Minister must start reviews of how the Act is working after 30 June 2029 and 30 June 2034. The resulting reports must be tabled in Parliament.