Macquarie Point Development Corporation Act 2012

The Minister may provide to the Board, not less than 3 months before the start of each financial year, a statement of ministerial expectations in relation to the financial year of the Corporation.

The Minister is to have regard to the Corporation's objectives and functions in preparing a statement of ministerial expectations.

The Minister, by notice to the Board, may amend a statement of ministerial expectations in relation to a financial year of the Corporation.

The Board is to make available for viewing by members of the public, in the manner that the Board thinks fit, a copy of the statement of ministerial expectations last provided by the Minister, as amended, if at all, under subsection (3).

Subject to subsection (6), the Board must ensure that the business and affairs of the Corporation in relation to a financial year of the Corporation are conducted in a manner that is consistent with the statement of ministerial expectations in relation to the financial year.

In the event of an inconsistency between a statement of ministerial expectations and another requirement under this Act, the other requirement prevails to the extent of the inconsistency.