Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AIR SERVICES ACT 1995 - SECT 13

Matters to be considered in preparation of corporate plan

    When preparing a corporate plan under section   35 of the Public Governance, Performance and Accountability Act 2013 , the members must consider the following matters:

  (a)   the need for high standards of aviation safety;

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

  (c)   any directions given by the Minister under section   16;

  (d)   any payments made by the Commonwealth to AA to fund its search and rescue services;

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

  (f)   the need to earn a reasonable rate of return on AA's assets (other than assets wholly or principally used in the provision of search and rescue services);

  (g)   the expectation of the Commonwealth that AA will pay a reasonable dividend;

  (h)   any other commercial considerations the Board thinks appropriate.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback