QLDIn ForceAct
Government Owned Corporations Act 1993
sec.100Corporate plan pending agreement
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### sec.100 Corporate plan pending agreement
If a draft corporate plan has not been agreed to by the shareholding Ministers within 1 month from the day on which the GOC becomes a GOC, the draft corporate plan submitted, or last submitted, by the board to the shareholding Ministers before that time (with any modifications made by the board, whether before or after that time, at the direction of the shareholding Ministers) is taken to be the GOC’s corporate plan until a draft corporate plan becomes the GOC’s corporate plan under section 99 (Corporate plan on agreement).
If, in the case of a subsequent financial year, the shareholding Ministers of a GOC have not agreed to a draft corporate plan before the start of the financial year, the draft corporate plan submitted, or last submitted, by the board to the shareholding Ministers before the start of the financial year (with any modifications made by the board, whether before or after that time, at the direction of the shareholding Ministers) is taken to be the GOC’s corporate plan until a draft corporate plan becomes the GOC’s corporate plan under section 99 .
s 100 prev s 100 amd 1998 No. 21 s 19
om 2007 No. 10 s 62 sch
(sec.100-ssec.1) If a draft corporate plan has not been agreed to by the shareholding Ministers within 1 month from the day on which the GOC becomes a GOC, the draft corporate plan submitted, or last submitted, by the board to the shareholding Ministers before that time (with any modifications made by the board, whether before or after that time, at the direction of the shareholding Ministers) is taken to be the GOC’s corporate plan until a draft corporate plan becomes the GOC’s corporate plan under section 99 (Corporate plan on agreement).
(sec.100-ssec.2) If, in the case of a subsequent financial year, the shareholding Ministers of a GOC have not agreed to a draft corporate plan before the start of the financial year, the draft corporate plan submitted, or last submitted, by the board to the shareholding Ministers before the start of the financial year (with any modifications made by the board, whether before or after that time, at the direction of the shareholding Ministers) is taken to be the GOC’s corporate plan until a draft corporate plan becomes the GOC’s corporate plan under section 99 .