Commonwealth Consolidated Acts

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AUSTRALIAN HEARING SERVICES ACT 1991 - SECT 38

Financial targets and performance information

                   When preparing the financial plan, the Board must consider:

                     (a)  the objectives and policies of the Commonwealth Government known to the Board; and

                     (b)  any directions given by the Minister under section 12; and

                     (c)  any payments by the Commonwealth to the Authority to fund functions referred to in paragraph (f); and

                     (d)  the need to maintain a reasonable level of reserves, having regard to estimated future infrastructure requirements; and

                     (e)  the need to maintain the extent of the Commonwealth equity in the Authority; and

                      (f)  the need to earn a reasonable rate of return on the Authority's assets (other than assets wholly or principally used in the performance of functions that are directly funded by the Commonwealth); and

                     (g)  any other commercial consideration the Board thinks appropriate.



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