25Business plan

25 Business plan

(1) The Corporation must prepare a business plan each year.

(2) The Corporation must give a copy of the proposed plan to the Minister and the Treasurer on or before such date in each year as is determined by the Minister and the Treasurer.

(3) The proposed business plan must be in or to the effect of a form approved by the Minister and the Treasurer and must include—

(a) a statement of corporate intent, being information about the objectives, main undertakings, activities, accounting policies and performance measures of the Corporation;

(b) financial statements containing information requested by the Minister and the Treasurer;

(c) such other matters as the Minister and the Treasurer direct.

(4) The Corporation must consider any comments on the proposed plan that are made to it by the Treasurer or the Minister within 2 months after the plan was submitted to the Treasurer and the Minister.

(5) The Corporation must consult in good faith with the Treasurer and the Minister following communication to it of the comments, must make such changes to the plan as are agreed between the Treasurer, the Minister and the Corporation and must deliver the completed plan to the Treasurer and Minister within 3 months after the plan was submitted to the Treasurer and the Minister.

(6) The plan, or any part of the plan, must not, within 5 years after the end of the year to which it applies, be published or made available, except for the purposes of this section, without the prior approval of the Corporation, the Treasurer and the Minister.