13Corporate plans

#### 13 Corporate plans 13 Corporate plans > > (1) TAM must, at least 3 months before the beginning of each financial year, prepare and give to the Minister a draft corporate plan for the financial year. > > > (2) TAM must— > > > > > (a) consider comments on the draft corporate plan that were made by the Minister within 2 months after the draft plan was given to the Minister, and > > > > > (b) give the completed corporate plan to the Minister before the beginning of the financial year. > > > (3) TAM must make a draft plan available for public comment for at least 30 days and must have regard to submissions it receives about the draft plan within that period. > > > (4) The arrangements for obtaining or inspecting the draft plan and for making submissions must be publicly advertised. > > > (5) TAM must make the completed corporate plan available for public inspection. > > > (6) However, TAM is not required to include in a draft or completed plan made available for public comment or inspection commercially sensitive information or that it would otherwise not be required to disclose under the [Government Information (Public Access) Act 2009](/view/html/inforce/current/act-2009-052). > > > (7) TAM must, as far as practicable, exercise its functions in accordance with the relevant corporate plan. > > > (8) A corporate plan must specify— > > > > > (a) the separate activities of TAM and, in particular, the separate commercial and non-commercial activities, and > > > > > (b) the objectives of each separate activity for the financial year and for future financial years, and > > > > > (c) the strategies, policies and budgets for achieving the objectives in relation to each separate activity, and > > > > > (d) the targets and criteria for assessing TAM’s performance, and > > > > > (e) details of the following that are proposed or expected to occur during the financial year— > > > > > > > (i) a sale or other disposal of land vested in or owned by TAM, > > > > > > > (ii) a lease of that land of more than 5 years duration. > > > (9) This section is subject to requirements made by or under this Act, including the requirements of a direction by the Minister under this Act. > > **s 13:** Am 1991 No 82, sec 15 (b). Subst 2000 No 89, Sch 3 \[3\]; 2003 No 96, Sch 1 \[8\]; 2005 No 64, Sch 2.59 \[1\] \[2\]; 2008 No 98, Sch 1.1 \[8\]. Rep 2010 No 31, Sch 1.1 \[6\]. Ins 2017 No 12, Sch 2.1\[6\]. Subst 2024 No 58, Sch 1.2\[10\].