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.