NSWIn ForceAct
State Insurance and Care Governance Act 2015
10APreparation of annual statement of business intent
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#### 10A Preparation of annual statement of business intent
10A Preparation of annual statement of business intent
> > (1) ICNSW must—
> >
> > > (a) prepare a draft statement of business intent for each financial year of ICNSW, and
> >
> > > (b) submit the draft statement of business intent to the Minister not later than 1 month after the commencement of the financial year to which the statement relates.
>
> > (2) ICNSW must consider any comments on the draft statement of business intent made by the Minister if the comments are made within 2 months after the commencement of the financial year of ICNSW.
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> > (3) ICNSW must—
> >
> > > (a) consult in good faith with the Minister about the comments made by the Minister about the draft statement of business intent, and
> >
> > > (b) make changes to the draft statement of business intent agreed between the Minister and ICNSW, and
> >
> > > (c) provide the completed statement of business intent within 3 months after the commencement of the financial year of ICNSW.
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> > (4) The statement of business intent must not, before the statement is tabled in both Houses of Parliament, be published or otherwise made available to the public without the prior approval of the Minister and ICNSW.
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> > (5) A statement of business intent may be modified at any time by ICNSW with the agreement of the Minister.
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> > (6) If ICNSW, by written notice to the Minister, proposes a modification to the statement of business intent, ICNSW may, within 14 days after giving the written notice, make the modification unless the Minister, by written notice to ICNSW, directs ICNSW not to make the modification.
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> > (7) The Minister may, from time to time, by written notice to ICNSW, direct ICNSW to amend and resubmit a statement of business intent in the way and time specified in the notice.
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> > (8) Before giving a notice under subsection (7), the Minister must consult with ICNSW about the matters to be referred to in the notice.
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> > (9) ICNSW must comply with a notice given under subsection (7).
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> **s 10A:** Ins 2024 No 88, Sch 1\[5\].