sec.33Matters to be included in draft corporatisation charter

### sec.33 Matters to be included in draft corporatisation charter The responsible Ministers may determine that the draft corporatisation charter should contain all or any of the following matters— an outline of how the key principles of corporatisation and their elements are to be applied to the candidate GOC and a timetable for their application; an outline of any legislation under which the candidate GOC is to operate when it becomes a GOC; target dates for the enactment and commencement of any legislation; a timetable for the adoption of appropriate systems of accounting by the candidate GOC; a timetable for the adoption of commercial management and performance systems by the candidate GOC; a timetable and method for valuing the assets of the candidate GOC and determining its capital structure; recommendations regarding the activities the candidate GOC should undertake before it becomes a GOC; any other matter specified by the responsible Ministers. The responsible Ministers may also determine that the draft corporatisation charter should contain a timetable for— identifying any existing activities of the candidate GOC of a policy formulation or regulatory nature; and identifying options for transferring the activities from the candidate GOC to a department, separate regulatory authority or other agency; and identifying any other community service obligations of the candidate GOC; and costing any community service obligations of the candidate GOC. s 33 prev s 33 om 2007 No. 10 s 62 sch pres s 33 amd 1994 No. 31 s 16 sch 3 ; 2007 No. 10 s 12 (sec.33-ssec.1) The responsible Ministers may determine that the draft corporatisation charter should contain all or any of the following matters— an outline of how the key principles of corporatisation and their elements are to be applied to the candidate GOC and a timetable for their application; an outline of any legislation under which the candidate GOC is to operate when it becomes a GOC; target dates for the enactment and commencement of any legislation; a timetable for the adoption of appropriate systems of accounting by the candidate GOC; a timetable for the adoption of commercial management and performance systems by the candidate GOC; a timetable and method for valuing the assets of the candidate GOC and determining its capital structure; recommendations regarding the activities the candidate GOC should undertake before it becomes a GOC; any other matter specified by the responsible Ministers. (sec.33-ssec.2) The responsible Ministers may also determine that the draft corporatisation charter should contain a timetable for— identifying any existing activities of the candidate GOC of a policy formulation or regulatory nature; and identifying options for transferring the activities from the candidate GOC to a department, separate regulatory authority or other agency; and identifying any other community service obligations of the candidate GOC; and costing any community service obligations of the candidate GOC. - (a) an outline of how the key principles of corporatisation and their elements are to be applied to the candidate GOC and a timetable for their application; - (b) an outline of any legislation under which the candidate GOC is to operate when it becomes a GOC; - (c) target dates for the enactment and commencement of any legislation; - (d) a timetable for the adoption of appropriate systems of accounting by the candidate GOC; - (e) a timetable for the adoption of commercial management and performance systems by the candidate GOC; - (f) a timetable and method for valuing the assets of the candidate GOC and determining its capital structure; - (g) recommendations regarding the activities the candidate GOC should undertake before it becomes a GOC; - (h) any other matter specified by the responsible Ministers. - (a) identifying any existing activities of the candidate GOC of a policy formulation or regulatory nature; and - (b) identifying options for transferring the activities from the candidate GOC to a department, separate regulatory authority or other agency; and - (c) identifying any other community service obligations of the candidate GOC; and - (d) costing any community service obligations of the candidate GOC.