5Objectives of TAM

5 Objectives of TAM

5 Objectives of TAM

(1) The principal objective of TAM is to undertake its activities in a safe and reliable way.

(2) The other objectives of TAM are as follows—

(a) to be a successful business and, to that end—

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

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

(b) to exhibit a sense of social responsibility by having regard to the interests of the community in which TAM operates,

(c) if TAM’s activities affect the environment—to conduct its operations in compliance with the principles of ecologically sustainable development set out in the Protection of the Environment Administration Act 1991, section 6(2),

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

(3) The other objectives of TAM are of equal importance, but are not as important as the principal objective of the corporation.

s 5: Am 1996 No 56, Sch 1 [7]; 2000 No 89, Sch 3 [2]. Subst 2003 No 96, Sch 1 [8]. Am 2004 No 31, Sch 1 [7]; 2008 No 98, Sch 1.1 [4]; 2017 No 12, Sch 1.1 [9] [10]. Subst 2017 No 12, Sch 2.1[6]; 2024 No 58, Sch 1.2[10].