Document ID: chunk:federal_register_of_legislation:C2023C00417:section:82
Version: federal_register_of_legislation:C2023C00417
Segment Type: section
Provision Reference: s 82
Character Range: 127554–129364

82  Corporate plan for NBN Co
 (1) The corporate plan for NBN Co prepared under section 95 of the Public Governance, Performance and Accountability Act 2013 must cover each NBN corporation. In particular, for each NBN corporation the plan must include details of the matters in subsection (6), so far as they are applicable.
 (2) The members of the Board must keep the Finance Minister and the Communications Minister informed about changes to the plan.
 (3) Subsection (2) does not limit section 91 of the Public Governance, Performance and Accountability Act 2013 (which deals with the duty to keep the responsible Minister and Finance Minister informed).
 (6) The plan must include details of the following matters (so far as they are applicable):
 (a) the objectives of the company;
 (b) assumptions about the business environment in which the company operates;
 (c) the business strategies of the company;
 (d) the investment and financing programs of the company, including strategies for managing financial risk;
 (e) financial targets and projections for the company;
 (f) the dividend policy of the company;
 (g) non‑financial performance measures for the company;
 (h) community service obligations of the company;
 (i) review of performance against previous corporate plans and targets;
 (j) analysis of factors likely to affect achievement of targets or create significant financial risk for the company or for the Commonwealth;
 (k) price control and quality control strategies for goods or services supplied by the company under a monopoly;
 (l) human resource strategies and industrial relations strategies.
 (7) The plan must also cover any other matters required by the Communications Minister and the Finance Minister (which may include further details about the matters in subsection (6)).