Queensland Consolidated Acts Queensland Consolidated Acts(1) The shareholder may return the draft corporate plan to the board and ask it to--
(a) consider or further consider any matter and deal with the matter in the draft plan; and
(b) revise the draft plan in the light of its consideration or further consideration.
(2) The board must comply with the request as a matter of urgency.
(3) If a draft corporate plan has not been agreed to by the shareholder within 2 months from the day on which the LGOC becomes an LGOC, the shareholder may, by written notice, direct the board to--
(a) take stated steps in relation to the draft plan; or
(b) make stated changes to the draft plan.
(4) If a draft corporate plan, other than the first corporate plan, for a period from 1 July in a year has not been agreed to by the shareholder by 1 June of the year, the shareholder may, by written notice, direct the board to--
(a) take stated steps in relation to the draft plan; or
(b) make stated changes to the draft plan.
(5) The board must immediately comply with a direction under subsection (3) or (4).
(6) A copy of a direction must be open to inspection.