; (B) afford the FAA additional opportunities to obtain firsthand information and insight from those parties that are most affected by existing and proposed regulations; and (C) expedite the development, revision, or elimination of rules without circumventing public rulemaking processes and procedures. (3) Applicable law Public Law 92–463 shall not apply to a special committee established by the Advisory Committee. (h) Sunset The Advisory Committee shall terminate on the last day of the 6-year period beginning on the date of the initial appointment of the members of the Advisory Committee. (i) Termination of Air Traffic Procedures Advisory Committee The Air Traffic Procedures Advisory Committee established by the FAA shall terminate on the date of the initial appointment of the members of the Advisory Committee. B Aircraft Certification Reform 311. Aircraft certification performance objectives and metrics (a) In general Not later than 120 days after the date on which the Safety Oversight and Certification Advisory Committee is established under section 302, the Administrator of the FAA shall establish performance objectives and apply and track metrics for the FAA and the aviation industry relating to aircraft certification in accordance with this section. (b) Collaboration The Administrator shall carry out this section in collaboration with the Safety Oversight and Certification Advisory Committee. (c) Performance objectives In carrying out subsection (a), the Administrator shall establish performance objectives for the FAA and the aviation industry to ensure that, with respect to aircraft certification, progress is made toward, at a minimum— (1) eliminating certification delays and improving cycle times; (2) increasing accountability for both FAA and industry entities; (3) achieving full utilization of FAA delegation and designation authorities; (4) fully implementing risk management principles and a systems safety approach; (5) reducing duplication of effort; (6) increasing transparency