Commonwealth Consolidated Regulations

COMMONWEALTH AUTHORITIES AND COMPANIES REGULATIONS 1997 - REG 6AAA

         (1)   For subsection 17 (6) of the Act, this regulation sets out matters, details of which must be included in the corporate plan of a Commonwealth authority that is a GBE.

         (2)   For subsection 42 (6) of the Act, this regulation sets out matters, details of which must be included in the corporate plan of a wholly-owned Commonwealth company that is a GBE.

         (3)   The matters are:

                (a)    the objectives of the authority or company; and

               (b)    assumptions about the business environment in which the authority or company operates; and

                (c)    the business strategies of the authority or company; and

               (d)    the investment and financing programs of the authority or company, including strategies for managing financial risk; and

                (e)    financial targets and projections for the authority or company; and

                (f)    the dividend policy of the authority or company; and

               (g)    non-financial performance measures for the authority or company; and

               (h)    community service obligations of the authority or company, and the strategies and policies the authority or company is to follow to carry out those obligations; and

                (i)    review of performance against previous corporate plans and targets; and

                (j)    analysis of factors likely to affect achievement of targets or create significant financial risk for:

                          (i)    the authority or company; or

                         (ii)    the Commonwealth; and

               (k)    price control and quality control strategies for goods or services supplied by the authority or company under a monopoly; and

                (l)    human resource strategies and industrial relations strategies.