Institute of Sport Act 1995
10Corporate plan
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10 Corporate plan
10 Corporate plan
(1) The Board is required to prepare and deliver to the Minister, at least 3 months before the beginning of each financial year of the Institute, a draft corporate plan for the financial year.
(2) The Board—
(a) must consider any comments on the draft corporate plan that are made by the Minister within 2 months after the plan is delivered to the Minister, and
(b) must deliver the completed corporate plan to the Minister before the beginning of the financial year concerned.
(3) The Institute is, as far as practicable, to exercise its functions in accordance with the relevant corporate plan.
(4) A corporate plan must specify—
(a) the objectives of the activities of the Institute for the financial year concerned and for such future financial years as the Minister directs, and
(b) the strategies, policies and budgets for achieving those objectives, and
(c) targets and criteria for assessing the performance of the Institute.
(5) This section is subject to the requirements of any Act or other law, including the requirements of a direction of the Minister under this Act.