Corporate plans
35N Corporate plans
Sydney Ferries must, at least 3 months before the beginning of each financial year of Sydney Ferries, prepare and deliver to TfNSW a draft corporate plan for the financial year.
Sydney Ferries must—
consider any comments on the draft corporate plan that were made by TfNSW within 2 months after the draft plan was delivered to TfNSW, and
deliver the completed corporate plan to TfNSW before the beginning of the financial year concerned.
During the preparation of a corporate plan after the commencement of this subsection, Sydney Ferries is to make a draft plan available for public comment for at least 30 days and is to have regard to any submissions it receives about the draft plan within that period. The arrangements for obtaining or inspecting the draft plan and for making submissions are to be advertised in a daily newspaper circulating throughout the State.
Sydney Ferries is to make the completed corporate plan available for public inspection. However, Sydney Ferries is not required to include in any draft or completed plan made available for public comment or inspection information that is of a commercially sensitive nature or that it would otherwise not be required to disclose under the Government Information (Public Access) Act 2009.
Sydney Ferries must, as far as practicable, exercise its functions in accordance with the relevant corporate plan.
A corporate plan is to specify—
the separate activities of Sydney Ferries and, in particular, the separate commercial and non-commercial activities, and
the objectives of each such separate activity for the financial year concerned and for future financial years, and
the strategies, policies and budgets for achieving those objectives in relation to each such separate activity, and
the targets and criteria for assessing Sydney Ferries’ performance.
This section is subject to any requirement made by or under this Act (including the requirements of any direction by the Minister or TfNSW under this Act).
This Act’s bill:Explanatory memorandum
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