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](/view/html/inforce/current/act-1991-060), 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\[10\].