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COMMONWEALTHAct
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s 52

Variation of corporate plan

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Part 6Corporate plan

52 Variation of corporate plan

(1)

The Board may, at any time, review a corporate plan and consider whether a variation to the plan is necessary.

(2)

The Board must, if requested by the Minister, vary a corporate plan and give the variation to the Minister for approval.

(3)

The Board may, with the approval of the Minister, vary a corporate plan.

(4)

A variation of a plan already in force takes effect on the day the variation is approved.

(5)

Despite subsection (3), the Minister’s approval is not required for a minor variation of the plan. A minor variation of a plan already in force takes effect on the day the variation is made.

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