31BMatters to be included in corporate plans

#### 31B Matters to be included in corporate plans (1) Each corporate plan prepared by the Board under section 35 of the Public Governance, Performance and Accountability Act 2013 must: (a) outline the overall strategies and policies that the Corporation and its subsidiaries are to follow to ensure that the Board fulfils its duties under section 8; and (b) include a forecast of the revenue and expenditure of the Corporation and its subsidiaries, including a forecast of capital expenditure and borrowings; and (c) include such other matters as are prescribed in the regulations made for the purposes of this Act. (2) 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. (3) In this section: > subsidiary means a prescribed company within the meaning of section 25A of this Act that the Corporation controls. (4) For the purposes of the application of section 35 of the Public Governance, Performance and Accountability Act 2013 in relation to the Corporation, subsidiary is taken to have the meaning given by subsection (3) of this section, despite the definition of subsidiary in section 8 of that Act. 176 Section 31C Omit “prepares or”. 177 At the end of section 31C Add: > Note: A corporate plan must be given to the responsible Minister and the Finance Minister under subsection 35(1) of the Public Governance, Performance and Accountability Act 2013. 178 Section 31D Repeal the section. 179 Subsection 68(2) Repeal the subsection, substitute: (2) Subsection (1) does 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 Corporation. 180 Subsection 71A(1) Omit “Financial Management and Accountability Act 1997)”, substitute “Public Governance, Performance and Accountability Act 2013) of a non‑corporate Commonwealth entity (within the meaning of that Act)”. 181 Subsection 78(7) Omit “sections 28 and 48A of the Commonwealth Authorities and Companies Act 1997 do not apply”, substitute “section 22 of the Public Governance, Performance and Accountability Act 2013 (which deals with the application of government policy to corporate Commonwealth entities) does not apply”. 182 Section 80 Omit “prepared under section 9 of the Commonwealth Authorities and Companies Act 1997”, substitute “given to the Minister under section 46 of the Public Governance, Performance and Accountability Act 2013 for a period”. 183 Paragraphs 80(a) and (b) Omit “the year to which the report relates”, substitute “the period”. 184 Paragraphs 80(c), (ca), (d), (daa), (e), (f) and (g) Omit “that year”, substitute “the period”. 185 Paragraph 80(i) Repeal the paragraph. 186 Paragraphs 80(j), (k) and (l) Omit “year”, substitute “period”. Australian Bureau of Statistics Act 1975 187 Section 24 Repeal the section, substitute: