(1)  As soon as practicable after –

(a) the day on which the consulting group is notified under section 16 that the Treasurer has no concerns in relation to the shareholders' letter of expectation; or

(b) the day on which the Treasurer causes a statement under section 16(3) to be published in the Gazette  –

the members of that Corporation are to provide the shareholders' letter of expectation to the Board of the Regional Corporation.

(2)  The shareholders' letter of expectation of a Regional Corporation must identify –

(a) the strategic priorities of that Regional Corporation; and

(b) the high-level expectations of members for the performance of the business of that Regional Corporation.

(3)  The matters specified in paragraphs (a) and (b) of subsection (2) are to be used in the development of the corporate plan of that Regional Corporation.

(4)  A shareholders' letter of expectation of a Regional Corporation –

(a) is not to be issued, modified or withdrawn unless and until the provisions of section 16 have been complied with; and

(b) is not to be inconsistent with this Act, the regulations or the constitution of the Regional Corporation.