20AObjectives of STA

20A Objectives of STA

20A Objectives of STA

(1) The principal objectives of the State Transit Authority are—

(a) to operate efficient, safe and reliable bus services and Newcastle ferry services, and

(b) to be a successful business and, to this end—

(i) to operate at least as efficiently as any comparable businesses, and

(ii) to maximise the net worth of the State’s investment in the Authority, and

(c) to exhibit a sense of social responsibility by having regard to the interests of the community in which it operates, and

(d) where its activities affect the environment, to conduct its operations in compliance with the principles of ecologically sustainable development contained in section 6(2) of the Protection of the Environment Administration Act 1991, and

(e) to exhibit a sense of responsibility towards regional development and decentralisation in the way in which it operates.

(2) Each of the principal objectives of the State Transit Authority is of equal importance.

s 20A: Ins 1996 No 56, Sch 1 [20]. Am 2003 No 99, Sch 1 [3].