Period and content of strategic development plan
4 Period and content of strategic development plan
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.
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