|The Committee is to inquire into and report upon the “Royalty for Regions” policy, including:
a) to establish a clear understanding of the “Royalty for Regions” policy;
b) how the policy will operate and be administered;
c) what the Department of Treasury and Finance has done with respect to any modeling or cost-benefit analysis of the policy;
d) the implications of the policy, including but not limited to:
- the possible impacts of the policy on the State’s AAA credit rating;
- the possible impacts of the policy on the State’s budget; and
- the potential operational impact of the policy on government agencies.
e) any other relevant matter, including but not limited to:
- the ability of the government to adjust the policy in response to changing financial circumstances.