12BCorporate plan

12B Corporate plan

12B Corporate plan

(1) The Corporation must, before the beginning of each financial year, prepare a corporate plan for the financial year.

(2) The corporate plan must—

(a) be made in accordance with the regulations, if any, and

(b) specify the following—

(i) the Corporation’s service delivery priorities,

(ii) other matters prescribed by the regulations.

(3) The corporate plan must be consistent with a Statement of Expectations issued to the Corporation by the Minister no later than 4 months before the beginning of the financial year to which the corporate plan relates.

(4) The Corporation must, as far as practicable, exercise its functions in accordance with the corporate plan.

(5) The regulations may deal with corporate plans, including the following—

(a) the preparation of corporate plans,

(b) consultation on draft corporate plans,

(c) the publication of corporate plans.

(6) This section is subject to a requirement made under this Act, including a requirement in a direction by the Minister or the Secretary under this Act.

s 12B: Ins 2023 No 49, Sch 2[5]. Subst 2024 No 41, Sch 4[7].