Commonwealth Numbered Acts Commonwealth Numbered Acts(1) The National VET Regulator must develop, and prepare in written form, a strategic plan, for a 3-year period, that:
(a) defines the principal objectives of the Regulator in performing its functions during that 3-year period; and
(b) gives a broad outline of the strategies to be pursued by the Regulator to achieve those objectives.
(2) A strategic plan is to relate to:
(a) for the first strategic plan--the 3-year period beginning on 1 July 2011; and
(b) for later strategic plans--a period beginning on the 1 July immediately following the end of the 3-year period to which the previous plan related.
(3) A strategic plan prepared under subsection (1) is not a legislative instrument.