40Minister may direct certain variations of corporate plans

#### 40 Minister may direct certain variations of corporate plans (1) If the Minister receives a corporate plan for Australia Post under section 35 of the Public Governance, Performance and Accountability Act 2013, the Minister may, within 60 days and after consultation with the Board, direct the Board to vary either or both of the following: (a) the statement included in the plan of the strategies and policies that Australia Post is to follow to carry out its community service obligations; (b) a financial target under a plan. (2) In exercising powers under paragraph (1)(b), the Minister shall have regard to: (a) the matters referred to in section 38 (other than the matter referred to in paragraph (f)); and (b) any other matters the Minister considers appropriate. (3) A direction under subsection (1) shall be in writing and shall set out the Minister’s reasons for the direction. (4) If the Minister gives a direction under subsection (1), the Minister must cause a copy of the direction to be laid before each House of the Parliament within 15 sitting days of that House after giving the direction. (5) Australia Post must comply with a direction under subsection (1) and must inform the Minister of the changes made to the plan to comply with the direction.