Matters to be considered in preparation of corporate plan
13 Matters to be considered in preparation of corporate plan
When preparing a corporate plan under section 35 of the Public Governance, Performance and Accountability Act 2013, the members must consider the following matters:
the need for high standards of aviation safety;
the objectives and policies of the Commonwealth Government known to the Board;
any directions given by the Minister under section 16;
any payments made by the Commonwealth to AA to fund its search and rescue services;
the need to maintain a reasonable level of reserves, having regard to estimated future infrastructure requirements;
the need to earn a reasonable rate of return on AA’s assets (other than assets wholly or principally used in the provision of search and rescue services);
the expectation of the Commonwealth that AA will pay a reasonable dividend;
any other commercial considerations the Board thinks appropriate.
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