19Ministerial statements of expectation

19 Ministerial statements of expectation

(1)  The Minister, by no later than 3 months before the beginning of any financial year, may give the Board a statement setting out the Minister's expectations for TMAG and the Board for that financial year (Ministerial statement of expectation).

(2)  In preparing a Ministerial statement of expectation, the Minister is to have regard to the TMAG objectives and the Board's obligations in respect of those objectives.

(3)  A Ministerial statement of expectation is not to purport to exert control or influence over the Board's stewardship function, particularly as regards the content of the TMAG collections.

(4)  A Ministerial statement of expectation is not to purport to exert control or influence over –

(a) the exercise by the Board of its powers under section 9(1)(a) , (b) or (c) ; or

(b) the content of events or activities conducted, promoted or supported by the Board; or

(c) the manner in which the Board is to deal with gifts accepted pursuant to section 14 .

(5)  The Board is to discharge its responsibilities in respect of a financial year consistently with the applicable Ministerial statement of expectation.

(6)  The Minister, on his or her own motion or at the request of the Board, may at any time –

(a) amend a Ministerial statement of expectation; or

(b) revoke a Ministerial statement of expectation.

(7)  A Ministerial statement of expectation and any amendment or revocation thereof is to be in writing and signed by the Minister.

(8)  An amendment to or revocation of a Ministerial statement of expectation takes effect on such day as is specified in the instrument of amendment or revocation.

(9)  The Minister and the Board may publish Ministerial statements of expectation as, either jointly or severally, they think fit.