(1) TUSMA must prepare a corporate plan for TUSMA at least once each 3-year period and give it to the Minister.
(2) The plan must cover a 3-year period.
(3) The plan must include details of the following matters:
(a) the objectives of TUSMA;
(b) the strategies and policies that are to be followed by TUSMA in order to achieve those objectives;
(c) such other matters (if any) as the Minister requires.
(4) The Chair must keep the Minister informed about:
(a) changes to the plan; and
(b) matters that might significantly affect the achievement of the objectives set out in the plan.
(5) The Minister may give the Chair written guidelines that are to be used by the Chair in deciding whether a matter is covered by paragraph (3)(c) or (4)(b).
(6) A guideline given under subsection (5) is not a legislative instrument.
(7) TUSMA must ensure that the first corporate plan is prepared within 12 months after the commencement of this section.