Transport Administration Act 1988

Sydney Metro must, at least 3 months before the beginning of each financial year of Sydney Metro, prepare and deliver to TfNSW a draft corporate plan for the financial year.

Sydney Metro 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.

Sydney Metro is to make a draft plan prepared after the commencement of this section 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 publicly advertised.

Sydney Metro is to make the completed corporate plan available for public inspection. However, Sydney Metro 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 Metro 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 Metro 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 Metro’s 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).