634Statement of priorities

634 Statement of priorities

(1) In consultation with the Health Secretary, the Institute Board must prepare a proposed statement of priorities for the Institute for each financial year in accordance with subsection (4).

(2) The Institute Board must give a copy of the proposed statement of priorities to the Minister for approval on or before 1 October in each year.

(3) If the Institute Board and the Minister do not agree on a statement of priorities on or before 1 October, the Minister may make a statement of priorities for the relevant financial year in accordance with subsection (4).

(4) A proposed statement of priorities must specify—

(a) the services to be provided by the Institute and the funds to be provided to the Institute; and

(b) the objectives, priorities and key performance outcomes to be met by the Institute; and

(c) the performance indicators, targets or other measures against which the Institute's performance is to be assessed and monitored; and

(d) how and when the Institute must report to the Minister and the Health Secretary on its performance in relation to the specified objectives, priorities and key performance outcomes; and

(e) any other matters as are—

(i) agreed by the Minister and the Institute Board; or

(5) A statement of priorities may be varied at any time if the Institute Board and the Minister agree.

(6) If the Institute Board and the Minister fail to agree to a proposed variation of a statement of priorities within 28 days after the variation is proposed, the Minister may—

(b) refuse to vary the statement of priorities.

(7) The Minister may publish the statement of priorities on the Department's Internet site.