Commonwealth Consolidated Acts

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AUSTRALIAN HEARING SERVICES ACT 1991 - SECT 38

Financial targets and performance information

    When preparing the financial plan, the Board must consider:

  (a)   the objectives and policies of the Commonwealth Government known to the Board; and

  (b)   any directions given by the Minister under section   12; and

  (c)   any payments by the Commonwealth to the Authority to fund functions referred to in paragraph   (f); and

  (d)   the need to maintain a reasonable level of reserves, having regard to estimated future infrastructure requirements; and

  (e)   the need to maintain the extent of the Commonwealth equity in the Authority; and

  (f)   the need to earn a reasonable rate of return on the Authority's assets (other than assets wholly or principally used in the performance of functions that are directly funded by the Commonwealth); and

  (g)   any other commercial consideration the Board thinks appropriate.



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