40.— (1) The Authority shall review the effectiveness of the procedures for review established by the National University of Ireland under section 32(2) and the implementation of those procedures for review by the National University of Ireland—

(a) at least once every 7 years from the establishment of procedures for review under section 27(1)(d), and

(b) from time to time as the Authority thinks appropriate.

(2) The National University of Ireland shall pay to the Authority within one month of the completion of the review under subsection (1) such fee (if any) as may be determined by the Authority under section 80.

(3) The Authority shall carry out a review under subsection (1) in accordance with the procedures for review established by it under section 27(1)(d).

(4) The Authority shall prepare a report setting out the results of a review under subsection (1).

(5) The Authority shall provide a copy of the report prepared under subsection (4) to the National University of Ireland and it may, within one month from the provision of the report to it, submit in writing any observations it has on the report to the Authority.

(6) After consideration of any observations submitted to the Authority under subsection (5), the Authority may make any amendments to the report that the Authority considers appropriate.

(7) The Authority shall provide a copy of the final report to the National University of Ireland and shall publish the report (including the observations of the National University of Ireland) in such form and manner as it thinks appropriate (including on the internet).