Western Australian Current Regulations

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LAND INFORMATION AUTHORITY (POLICY INSTRUMENTS) REGULATIONS 2006 - REG 4

4 .         Content of statement of corporate intent

                Section 61(2) of the Act requires the Authority’s statement of corporate intent to include each of the following matters —

            (a)         an outline of major initiatives for achieving strategic objectives;

            (b)         proposed arrangements to facilitate achievement of objectives that do not involve making a profit;

            (c)         how major initiatives might impact on —

                  (i)         the integrity of the registers and other records that the Authority or a member of its staff is required by law to keep about interests in land and the valuation of land; or

                  (ii)         the extent to which the land information needs of the State government can be satisfied; or

                  (iii)         the extent to which the requirements of participants in the land information industry within the State can be satisfied;

            (d)         major achievements that are planned;

            (e)         an outline of capital expenditure and borrowing requirements;

            (f)         the nature and scope of functions that are to be performed;

            (g)         performance targets and measures;

            (h)         estimates of income and expenditure;

                  (i)         the dividend policy for the financial year or the provision proposed to be made for dividends;

            (j)         the types of information that the Authority is to give to the Minister in an annual or half‑yearly report or otherwise;

            (k)         accounting policies that apply to the preparation of accounts;

            (l)         the nature and extent of community service obligations that are to be performed;

            (m)         how the performance of community service obligations is to be costed and funded, and arrangements to be made to make adjustments for the performance of those obligations;

            (n)         the ways in which, and the extent to which, compensation will be made for performing community service obligations.



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