Tourism Tasmania Act 1996
10Duty to notify Minister of developments
Start here
Get a plain-English read of 10
Turn the raw legal text into a practical explanation grounded in Tourism Tasmania Act 1996.
10 Duty to notify Minister of developments
(1) The Board must notify the Minister of any development in the Tasmanian tourism industry which, in the opinion of the Board, is significant within a reasonable time after the Board becomes aware of the development.
(2) The Board must notify the Minister of any development which, in the opinion of the Board, may –
(a) prevent or significantly affect the achievement of the financial performance objectives under the corporate plan by the Authority; or
(b) significantly affect the financial viability or operating ability of the Authority, any subsidiary or any partnership, trust, joint venture or arrangement for the sharing of profits in which the Authority participates.
(3) A notification under subsection (2) is to be given immediately after the Board becomes aware of the development.