Commonwealth Consolidated Acts

AUSTRALIAN BROADCASTING CORPORATION ACT 1983 - SECT 31B

             (1)  Each corporate plan must:

                     (a)  set out the objectives of the Corporation and its subsidiaries; and

                     (b)  outline the overall strategies and policies that the Corporation and its subsidiaries are to follow:

                              (i)  to achieve the Corporation's objectives; and

                             (ii)  to fulfil the Corporation's functions; and

                            (iii)  to ensure that the Board fulfils its duties under section 8; and

                     (c)  include a forecast of the revenue and expenditure of the Corporation and its subsidiaries, including a forecast of capital expenditure and borrowings; and

                     (d)  include such performance indicators and targets (whether financial or operational) as the Board considers appropriate; and

                     (e)  include such other matters as are prescribed in the regulations.

             (2)  In this section:

"subsidiary" means a prescribed company within the meaning of section 25A that the Corporation controls.