247Corporate plans

247 Corporate plans

S. 247(1) substituted by No. 85/2006 s. 103(1), amended by No. 32/2010 s. 64.

(1) A water corporation must prepare a corporate plan and must submit it to—

(a) the Minister on or before the date specified by the Minister, or, if no such date is specified, at least 2 months before it intends to implement the plan or any part of it; and

(b) the Treasurer, at the same time as it submits the plan to the Minister.

(2) A corporate plan must be in or to the effect of a form approved by the Minister and must include—

(a) a statement of corporate intent in accordance with section 248;

(b) a business plan and financial statements containing the information that the Minister requires;

S. 247(2)(c) repealed by No. 48/2003 s. 9.

S. 247(2A) inserted by No. 85/2006 s. 103(2), amended by No. 32/2010 s. 77(Sch.).

(2A) The Treasurer may make any comments on the plan that he or she thinks fit to the water corporation, and the water corporation must have regard to any comments made by the Treasurer under this subsection.

S. 247(3) amended by No. 32/2010 s. 77(Sch.).

(3) A water corporation may implement a corporate plan 2 months (or any shorter time allowed by the Minister) after its submission to the Minister, unless the Minister, within that time, directs in writing any variations that the Minister thinks fit to be made in any corporate plan submitted in accordance with this section.

(4) The Minister must publish in the Government Gazette any direction made under subsection (3).

S. 247(5) amended by No. 32/2010 s. 77(Sch.).

(5) The Minister must not give a direction under subsection (3) without first having consulted the water corporation about the direction.

S. 247(6) amended by No. 32/2010 s. 77(Sch.).

(6) A water corporation must not make a major deviation from its corporate plan unless it has, at least 2 months (or any shorter time allowed by the Minister) before it intends to make the deviation, submitted to the Minister details of the proposed deviation.

(7) The Minister may issue guidelines as to what are major deviations for the purposes of subsection (6).

S. 247(8) amended by No. 32/2010 s. 77(Sch.).

(8) The corporate plan of a water corporation at any time is that plan as varied under subsection (3), or as revised by any deviation under subsection (6), at that time.

S. 247(9) repealed by No. 48/2003 s. 9, new s. 247(9) inserted by No. 48/2021 s. 67.

(9) In addition to any matters Melbourne Water Corporation is required to include in a corporate plan under this section, Melbourne Water Corporation is required to include, in relation to its functions as a Catchment Management Authority—