25Corporate plan

25 Corporate plan

(1) The Board shall, as soon as practicable after the commencement of this Act, prepare a corporate plan for the Commission. (2) The Board shall, in each financial year to which the corporate plan relates and not later than 1 April, review and revise the plan. (3) The Board:

(a) may, at any other time, revise the corporate plan; and

(b) shall revise the corporate plan if the Minister requests it, in writing, to do so and gives reasons for the request.

(4) The corporate plan as prepared under subsection (1) shall include a statement of the objectives of the Commission, and an assessment of the outlook for overseas tourism to Australia for:

(a) if the plan is prepared in the first 9 months of a financial year, the financial year in which the plan is prepared and the 4 subsequent financial years; or

(b) if the plan is prepared in the last 3 months of a financial year, the next financial year and the 4 subsequent financial years.

(5) The corporate plan as revised under subsection (2) shall include a statement of the objectives of the Commission, and an assessment of the outlook for overseas tourism to Australia for the financial year immediately following the financial year in which the corporate plan is revised and the 4 subsequent financial years. (6) The corporate plan shall also outline the strategies and policies that the Board intends to adopt in order to achieve the Commission’s objectives, including strategies and policies to determine and manage the environmental and social impacts upon Australia of international tourism. (7) The corporate plan, and a revision of the corporate plan:

(a) shall be submitted to the Minister as soon as practicable after it is prepared; and

(b) has no effect until it is approved, in writing, by the Minister.

(8) Before preparing or revising the corporate plan, the Board shall consult with:

(a) State and Territory tourism authorities; and

(b) such other bodies concerned with tourism as the Board considers appropriate.