(1) The Board must, at
the prescribed times, prepare and submit to the Treasurer —
(a) a
strategic development plan for the Board; and
(b) a
statement of corporate intent for the Board.
(2) The regulations
may make provision for the following —
(a) the
manner and form in which the Board is to prepare, submit, revise or modify a
strategic development plan or statement of corporate intent;
(b) the
period a strategic development plan or statement of corporate intent is to
cover;
(c) the
matters to be set out in a strategic development plan or statement of
corporate intent;
(d) the
functions of the Board and the Treasurer in relation to the development,
approval or modification of a strategic development plan or statement of
corporate intent;
(e) the
operation of a strategic development plan or statement of corporate intent.
(3) If a regulation
referred to in subsection (2) enables the Treasurer to give directions to the
Board, the Treasurer must cause a copy of a direction given under the
regulation to be laid before each House of Parliament or be dealt with in
accordance with section 36A —
(a)
within 14 days after the direction is given; or
(b) if
the direction is the subject of a notice under section 17 of the
Statutory Corporations (Liability of Directors) Act 1996 , within 14 days
after it is confirmed under that section.
[(4) deleted]
(5) The text of a
direction referred to in subsection (3) is to be included in the annual report
submitted by the accountable authority of the Board under the
Financial Management Act 2006 Part 5.
[Section 33B inserted: No. 28 of 2006 s. 434;
amended: No. 25 of 2007 s. 11; No. 35 of 2011 s. 22, 31 and 35.]
[ 33C. Deleted: No. 25 of 2007 s. 12.]