177Corporate plan

#### 177 Corporate plan (1) In preparing a corporate plan under section 35 of the Public Governance, Performance and Accountability Act 2013, the Board must have regard to a statement given under section 125 of this Act. (2) The corporate plan must include details of the following: (a) the financial sustainability of the National Disability Insurance Scheme (including estimates of the current and future expenditure of the National Disability Insurance Scheme); (b) the risks and issues relevant to the financial sustainability of the National Disability Insurance Scheme and the management of those risks and issues. (3) The Board must give a copy of the plan to the Ministerial Council before the start of the period covered by the plan. (4) If the Board varies the plan, the Board must notify the Ministerial Council of the variation. (5) Subsection 35(3) of the Public Governance, Performance and Accountability Act 2013 (which deals with the Australian Government’s key priorities and objectives) does not apply to a corporate plan prepared by the Board. 52 Subsection 180(4) Repeal the subsection, substitute: (4) Subsections (2) and (3) do not prevent investment, under section 59 of the Public Governance, Performance and Accountability Act 2013, of money that is not immediately required for the purposes of the Agency. 53 Subsection 180B(1) Omit “on the Agency under section 9 of the CAC Act is being prepared”, substitute “is being prepared by the Board members under section 46 of the Public Governance, Performance and Accountability Act 2013”. National Film and Sound Archive of Australia Act 2008 54 Subsection 5(2) (note) Repeal the note, substitute: > Note: The Public Governance, Performance and Accountability Act 2013 applies to the National Film and Sound Archive of Australia. That Act deals with matters relating to corporate Commonwealth entities, including reporting and the use and management of public resources. 55 Paragraph 16(2)(b) Repeal the paragraph. 56 At the end of subsection 16(2) Add: > Note: The appointment of a member may also be terminated under section 30 of the Public Governance, Performance and Accountability Act 2013 (which deals with terminating the appointment of an accountable authority, or a member of an accountable authority, for contravening general duties of officials). 57 Paragraph 18(3)(a) Omit “section 27J of the Commonwealth Authorities and Companies Act 1997”, substitute “rules made for the purposes of section 29 of the Public Governance, Performance and Accountability Act 2013”. 58 Subsection 18(10) Omit “Commonwealth Authorities and Companies Act 1997”, substitute “Public Governance, Performance and Accountability Act 2013”. 59 Section 27 Repeal the section, substitute: