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LOCAL GOVERNMENT (FINANCIAL MANAGEMENT AND RATING) AMENDMENT ACT 2005 (NO 60 OF 2005) - SECT 6

6—Amendment of section 122—Strategic management plans

        (1)         Section 122(1)(a)—delete "specified period" and substitute:

period of at least 4 years

        (2)         Section 122(1)—after paragraph (a) insert:

            (ab)         provide assessments that relate to the following matters (with particular reference to the relevant period):

                  (i)         the sustainability of the council's financial performance and position; and

                  (ii)         the extent or levels of services that will be required to be provided by the council to achieve its objectives; and

                  (iii)         the extent to which any infrastructure will need to be maintained, replaced or developed by the council; and

                  (iv)         anticipated changes in its area with respect to—

                        (A)         real property development; and

                        (B)         demographic characteristics of its community to the extent that is reasonable taking into account the availability of appropriate and accurate data; and

                  (v)         the council's proposals with respect to debt levels; and

                  (vi)         any anticipated or predicted changes in any factors that make a significant contribution to the costs of the council's activities or operations; and

        (3)         Section 122(1)(c)—delete paragraph (c)

        (4)         Section 122(1)(d)—after "the performance of the council" insert:

against its objectives

        (5)         Section 122(1)(e) and (f)—delete paragraphs (e) and (f) and substitute:

            (e)         identify the means by which its activities are to be carried out and its objectives achieved; and

        (6)         Section 122—after subsection (1) insert:

        (1a)         A council must, in conjunction with the plans required under subsection (1), develop and adopt—

            (a)         a long-term financial plan for a period of at least 10 years; and

            (b)         an infrastructure and asset management plan, relating to the management and development of infrastructure and major assets by the council for a period of at least 10 years,

(and these plans will also be taken to form part of the council's strategic management plans).

        (7)         Section 122(3) and (4)—delete subsections (3) and (4) and substitute:

        (3)         In addition to the requirements of subsection (2), a council must, in formulating its strategic management plans, have regard to—

            (a)         the council's roles and responsibilities under this or any other Act; and

            (b)         the council's objectives for its area.

        (4)         A council may review its strategic management plans under this section at any time but must—

            (a)         undertake a review of—

                  (i)         its long-term financial plan; and

                  (ii)         any other elements of its strategic management plans prescribed by the regulations for the purposes of this paragraph,

as soon as practicable after adopting the council's annual business plan for a particular financial year; and

            (b)         in any event, undertake a comprehensive review of its strategic management plans within 2 years after each general election of the council.

        (4a)         A council must, for the purposes of a review under subsection (4), take into account—

            (a)         in relation to a review under subsection (4)(a)(i)—a report from the chief executive officer on the sustainability of the council's long-term financial performance and position taking into account the provisions of the council's annual business plan and strategic management plans; and

            (b)         insofar as may be relevant—any other material prescribed by the regulations.

        (8)         Section 122—after subsection (7) insert:

        (8)         A council must, for the purposes of this section, specifically declare which plans will constitute the strategic management plans of the council.



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