TASIn ForceAct
Tasmanian Development Act 1983
15ACorporate plan
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### 15A Corporate plan
> *\[Section 15A Inserted by No. 76 of 1995, s. 12 \]*
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> > (1) In each financial year, the Board must prepare a corporate plan for TDR and its subsidiaries.
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> > (2) The corporate plan is to –
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> > > > (a) cover a period of not less than 3 financial years commencing on the day when it takes effect; and
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> > > > (b) contain a summary of the projected financial results of TDR and each of its subsidiaries in respect of the current financial year and each financial year covered by the plan; and
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> > > > (c) contain a summary of the financial results of TDR and each of its subsidiaries in respect of the financial year immediately preceding the current financial year; and
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> > > > (d) contain a statement of corporate intent; and
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> > > > (e) be in such form and contain such information as the Minister specifies.
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> > (3) The Board must provide a draft of the corporate plan to the Minister and the Treasurer not later than 90 days before the day on which the corporate plan will take effect.
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> > (4) When a draft corporate plan is approved by the Minister it becomes the corporate plan of TDR.
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> > (5) The Minister must approve a corporate plan, prepared in accordance with this section and [section 15B](#GS15B@EN) , by not later than 30 days before the day on which the corporate plan will take effect.
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> > (6) A corporate plan takes effect on the first day of the financial year next commencing after its approval by the Minister or such other time as the Minister may approve.
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> > (7) TDR may prepare an amendment of its corporate plan at any time.
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> > (8) An amendment of a corporate plan takes effect when it is approved by the Minister.
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> > (9) The Board must provide a copy of its corporate plan and an amended corporate plan to the Treasurer within 14 days after the Board has been notified of its approval by the Minister.
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> > (10) Except where the Minister otherwise approves, TDR must act in accordance with its corporate plan or amended corporate plan and ensure that a subsidiary acts in accordance with that corporate plan or amended corporate plan.