(1) The National VET Regulator must give a copy of a corporate plan to the Minister for approval on or before:
(a) 31 May before the first reporting period to which the plan relates; or
(b) if allowed by the Minister--a later day, but not later than 30 June before the first reporting period to which the plan relates.
Note: The corporate plan is prepared under section 35 of the Public Governance, Performance and Accountability Act 2013 (see the definition of corporate plan in section 3 of this Act).
(2) A corporate plan comes into force on:
(a) the day on which it is approved by the Minister; or
(b) the first day of the period to which it relates;
whichever is later.
(3) In this section:
"reporting period" has the meaning given by the Public Governance, Performance and Accountability Act 2013 .