sec.108Special procedures in relation to draft statement of corporate intent

### sec.108 Special procedures in relation to draft statement of corporate intent The shareholding Ministers may return the draft statement of corporate intent to the board and request it to— consider or further consider any matter and deal with the matter in the draft statement; and revise the draft statement in the light of its consideration or further consideration. The board must comply with the request as a matter of urgency. If a draft statement of corporate intent has not been agreed to by the shareholding Ministers within 2 months from the day on which the GOC becomes a GOC, the shareholding Ministers may, by written notice, direct the board— to take specified steps in relation to the draft statement; or to make specified modifications to the draft statement. If, in the case of a subsequent financial year, a draft statement of corporate intent of the GOC has not been agreed to by the shareholding Ministers before the start of the financial year, the shareholding Ministers may, by written notice, direct the board— to take specified steps in relation to the draft statement; or to make specified modifications to the draft statement. The board must immediately comply with a direction under subsection (3) or (4) . The shareholding Ministers must cause a copy of the direction to be published in the gazette within 21 days after it is given. (sec.108-ssec.1) The shareholding Ministers may return the draft statement of corporate intent to the board and request it to— consider or further consider any matter and deal with the matter in the draft statement; and revise the draft statement in the light of its consideration or further consideration. (sec.108-ssec.2) The board must comply with the request as a matter of urgency. (sec.108-ssec.3) If a draft statement of corporate intent has not been agreed to by the shareholding Ministers within 2 months from the day on which the GOC becomes a GOC, the shareholding Ministers may, by written notice, direct the board— to take specified steps in relation to the draft statement; or to make specified modifications to the draft statement. (sec.108-ssec.4) If, in the case of a subsequent financial year, a draft statement of corporate intent of the GOC has not been agreed to by the shareholding Ministers before the start of the financial year, the shareholding Ministers may, by written notice, direct the board— to take specified steps in relation to the draft statement; or to make specified modifications to the draft statement. (sec.108-ssec.5) The board must immediately comply with a direction under subsection (3) or (4) . (sec.108-ssec.6) The shareholding Ministers must cause a copy of the direction to be published in the gazette within 21 days after it is given. - (a) consider or further consider any matter and deal with the matter in the draft statement; and - (b) revise the draft statement in the light of its consideration or further consideration. - (a) to take specified steps in relation to the draft statement; or - (b) to make specified modifications to the draft statement. - (a) to take specified steps in relation to the draft statement; or - (b) to make specified modifications to the draft statement.