40Publication deadline for 2020‑21 corporate plans

#### 40 Publication deadline for 2020‑21 corporate plans Commonwealth entities (1) Subsection (2) applies in relation to a corporate plan for a Commonwealth entity that is prepared for a reporting period starting on 1 July 2020. (2) If the accountable authority of the Commonwealth entity considers that, because of the impact of the coronavirus known as COVID‑19 on the entity, it is not reasonably practicable for the plan to be prepared and published by the day (the original specified day) specified in subsection 16E(3): (a) subsection 16E(3) applies as if it requires the plan to be published by 31 January 2021; and (b) the plan must set out the accountable authority’s reasons for considering that, because of the impact of the coronavirus known as COVID‑19 on the entity, it is not reasonably practicable for the plan to be prepared and published by the original specified day. (3) Subsection (2) does not affect the operation of subsection 16E(6) (variation of corporate plan) or (7) (corporate plan for new entity). Commonwealth companies (4) Subsections (1) to (3) apply to a Commonwealth company in the same way as those subsections apply to a Commonwealth entity. (5) For the purposes of subsection (4), a reference in subsection (2) to the accountable authority of the Commonwealth entity is taken to be a reference to the directors of the Commonwealth company.