43Development of strategic plan

43 Development of strategic plan

(1) The CEO must develop, and prepare in written form, a strategic plan, for a 5‑year period, that: (a) defines the CEO’s principal objectives in performing his or her functions during that 5‑year period; and (b) gives a broad outline of the strategies to be pursued by the CEO to achieve those objectives. (2) The CEO must consult the Advisory Council when developing and preparing a strategic plan. (3) A strategic plan is to relate to: (a) for the first strategic plan—the period beginning on the day this section commences and ending on 30 June 2015; and (b) for later strategic plans—a period beginning on the 1 July immediately following the end of the 5‑year period to which the previous plan related. (4) For the purposes of this Division, the period beginning on the day this section commences and ending on 30 June 2015 is taken to be a 5‑year period. (5) A strategic plan prepared under subsection (1) is not a legislative instrument.