Minister’s agreement to draft statement of corporate intent
16 Minister’s agreement to draft statement of corporate intent
When the Board and the Minister reach agreement on a draft statement of corporate intent it becomes the Chemistry Centre’s statement of corporate intent for the relevant financial year or the remainder of that year (whichever is relevant).
The Minister must within 14 days after agreeing to a draft statement of corporate intent under subregulation (1) cause a copy of it to be laid before each House of Parliament or dealt with in accordance with section 36 of the Act.
The Board may request the Minister to delete from the copy of a statement of corporate intent that is to be laid before Parliament a matter that is of a commercially sensitive nature, and the Minister may, despite subregulation (2), comply with the request.
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