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s 28

Objectives

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Part 3Statutory corporations
Division 7Performance and reporting obligations

28 Objectives

(1)

The Minister may, after consultation with a statutory corporation, prepare a statement setting various objectives, targets or goals that the statutory corporation is to pursue over the period specified in the statement and dealing with such other matters as the Minister considers appropriate.

(2)

The statutory corporation must review the statement whenever it is necessary to do so on account of a direction of the Minister under this Act, and in any event at least once in every twelve month period.

(3)

The Minister may, after consultation with a statutory corporation, amend a statement issued in relation to that statutory corporation at any time.

(4)

The Minister must consult with the Treasurer if the statutory corporation is to be set financial objectives, targets or goals.

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