sec.57LFirst operational plan

### sec.57L First operational plan This section applies for when an entity first becomes a dual sector entity. The dual sector entity’s first draft operational plan must be— for the period starting on the day it becomes a dual sector entity (the start day ) and ending at the end of the operational plan year; and given to the Minister as soon as possible after the start day. It is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the first draft operational plan as soon as possible. If the Minister and the dual sector entity have not reached agreement within 3 months after the start day, the first draft operational plan submitted, or last submitted, by the entity to the Minister is taken to be its first operational plan. Subsection (4) applies until the first of the following to happen— the dual sector entity’s first draft operational plan is agreed to by the Minister; the commencement of the plan that is, or is taken to be, the entity’s operational plan for the entity’s next operational plan year. s 57L ins 2014 No. 24 s 6 (sec.57L-ssec.1) This section applies for when an entity first becomes a dual sector entity. (sec.57L-ssec.2) The dual sector entity’s first draft operational plan must be— for the period starting on the day it becomes a dual sector entity (the start day ) and ending at the end of the operational plan year; and given to the Minister as soon as possible after the start day. (sec.57L-ssec.3) It is Parliament’s expectation that the Minister and the dual sector entity should reach agreement about the first draft operational plan as soon as possible. (sec.57L-ssec.4) If the Minister and the dual sector entity have not reached agreement within 3 months after the start day, the first draft operational plan submitted, or last submitted, by the entity to the Minister is taken to be its first operational plan. (sec.57L-ssec.5) Subsection (4) applies until the first of the following to happen— the dual sector entity’s first draft operational plan is agreed to by the Minister; the commencement of the plan that is, or is taken to be, the entity’s operational plan for the entity’s next operational plan year. - (a) for the period starting on the day it becomes a dual sector entity (the start day ) and ending at the end of the operational plan year; and - (b) given to the Minister as soon as possible after the start day. - (a) the dual sector entity’s first draft operational plan is agreed to by the Minister; - (b) the commencement of the plan that is, or is taken to be, the entity’s operational plan for the entity’s next operational plan year.