Chemistry Centre (WA) Regulations 2007

The Board must in each financial year prepare and submit to the Minister for agreement a draft strategic development plan for the Chemistry Centre for the next financial year.

A draft strategic development plan is to be submitted not later than 6 months before the start of the next financial year.

For the financial year in which this regulation comes into operation, the Board must, as soon as is practicable, prepare and submit to the Minister for agreement a draft strategic development plan for the Chemistry Centre for the financial year.

The strategic development plan is to cover the forecast period of 5 years commencing at the beginning of the relevant financial year, or a lesser period agreed to by the Minister.

The strategic development plan must set out the Chemistry Centre’s medium to long term objectives in performing its functions under the or any other Act and must cover the following matters —

strategic objectives to be achieved during the forecast period including how those objectives will be achieved;

operational targets for those objectives;

the market environment in which the Chemistry Centre operates;

an analysis of significant issues and trends during the forecast period and any major risks;

the scope and financial implications of the Chemistry Centre’s community service obligations;

financial requirements;

personnel requirements;

capital expenditure and investment strategies;

strategies for asset management;

the nature and extent of commercial and competitive strategies;

charging for goods and services;

pricing principles and strategies;

sales and revenue projections;

customer service arrangements;

compliance with relevant government policies;

other matters that the Minister and the Board agree should be covered.

The Minister may return a draft strategic development plan to the Board and request it to —

consider or further consider any matter; and

deal with the matter in the draft plan accordingly.

The Board must comply with a request under subregulation (1) as soon as is practicable.

If the Board and the Minister have not reached agreement on a draft strategic development plan by one month before the start of the relevant financial year, the Minister may, by written notice, direct the Board —

to take specified steps in relation to the draft plan; or

to make specified modifications to the draft plan.

The Board must comply with a direction under subregulation (3) as soon as is practicable.

In this regulation —

If the Board and the Minister have not reached agreement on a draft strategic development plan before the start of the relevant financial year, the latest draft plan is to be the strategic development plan for the Chemistry Centre for that year until a draft strategic development plan is agreed to under regulation 8.

A strategic development plan may be modified by the Board with the agreement of the Minister.

The Minister may, by written notice, direct the Board to modify a strategic development plan, and the Board must comply with any such direction.

Before giving a direction to the Board under subregulation (2), the Minister must consult with the Board and take its views into account.

agree to a draft strategic plan under regulation 8; or

agree to or direct any modification of a strategic development plan under regulation 9,

The Board must in each financial year prepare and submit to the Minister for agreement a draft statement of corporate intent for the Chemistry Centre for the next financial year.

A draft statement of corporate intent is to be submitted not later than 6 months before the start of the next financial year.

For the financial year in which this regulation comes into operation, the Board must, as soon as is practicable, prepare and submit to the Minister for agreement a draft statement of corporate intent for the Chemistry Centre for the financial year.

The statement of corporate intent is to cover the relevant financial year.

The statement of corporate intent must be consistent with the strategic development plan for the Chemistry Centre.

The statement of corporate intent must cover the following matters —

major initiatives for achieving strategic objectives (in outline);

major planned achievements (in outline);

operational targets and other measures by which performance may be judged and related to achieving those objectives and planned achievements;

proposed arrangements to facilitate achieving of objectives that do not involve making a profit;

the nature and extent of activities for which a fee is not to be charged;

the cost, method of costing and funding for activities for which a fee is not to be charged;

the cost, method of costing and funding for Chemistry Centre’s community service obligations;

the method of compensating the Chemistry Centre for performing its community service obligations and the extent of that compensation;

proposed pricing arrangements;

operating income and expenditure;

capital expenditure and borrowing requirements (in outline);

the dividend policy for the financial year or the provision proposed to be made for dividends;

reporting on performance in the previous financial year by reference to the previous statement of corporate intent;

other matters that the Minister and the Board agree should be covered.

The Minister may exempt the Chemistry Centre from including any matter, or any aspect of a matter, mentioned in subregulation (3) in the statement of corporate intent.