sec.57FPreparation of draft plan

### sec.57F Preparation of draft plan A dual sector entity must give the Minister, for the Minister’s agreement, a draft operational plan for each operational plan year for the entity (the relevant year ). This section does not apply for a dual sector entity’s first operational plan as provided for in section 57L . The draft must be given at least 2 months before the start of the relevant year. It is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the draft plan at least 1 month before the start of the relevant year. Despite subsections (3) and (4) , if an entity becomes a dual sector entity in the last 3 months immediately before the start of the relevant year— the draft plan must be given as soon as possible; and it is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the draft plan as soon as possible, whether before or after the start of the relevant year. Section 57L would nevertheless apply to require a first draft operational plan for the period before the relevant year starts. In this section— operational plan year , for a dual sector entity, means— if the dual sector entity is a university established under an Act—the period stated under that Act as the university’s financial year; or otherwise— a financial year; or a period of 1 year, other than a financial year, prescribed under a regulation. s 57F ins 2014 No. 24 s 6 (sec.57F-ssec.1) A dual sector entity must give the Minister, for the Minister’s agreement, a draft operational plan for each operational plan year for the entity (the relevant year ). (sec.57F-ssec.2) This section does not apply for a dual sector entity’s first operational plan as provided for in section 57L . (sec.57F-ssec.3) The draft must be given at least 2 months before the start of the relevant year. (sec.57F-ssec.4) It is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the draft plan at least 1 month before the start of the relevant year. (sec.57F-ssec.5) Despite subsections (3) and (4) , if an entity becomes a dual sector entity in the last 3 months immediately before the start of the relevant year— the draft plan must be given as soon as possible; and it is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the draft plan as soon as possible, whether before or after the start of the relevant year. Section 57L would nevertheless apply to require a first draft operational plan for the period before the relevant year starts. (sec.57F-ssec.6) In this section— operational plan year , for a dual sector entity, means— if the dual sector entity is a university established under an Act—the period stated under that Act as the university’s financial year; or otherwise— a financial year; or a period of 1 year, other than a financial year, prescribed under a regulation. - (a) the draft plan must be given as soon as possible; and - (b) it is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the draft plan as soon as possible, whether before or after the start of the relevant year. - (a) if the dual sector entity is a university established under an Act—the period stated under that Act as the university’s financial year; or - (b) otherwise— (i) a financial year; or (ii) a period of 1 year, other than a financial year, prescribed under a regulation. - (i) a financial year; or - (ii) a period of 1 year, other than a financial year, prescribed under a regulation. - (i) a financial year; or - (ii) a period of 1 year, other than a financial year, prescribed under a regulation.