Commonwealth Consolidated Acts

AUSTRALIAN POSTAL CORPORATION ACT 1989 - SECT 43

             (1)  The annual report on Australia Post under section 9 of the Commonwealth Authorities and Companies Act 1997 must also:

                     (a)  include the objectives of Australia Post and its subsidiaries under the corporate plan; and

                     (b)  include an outline of:

                              (i)  the strategies and policies of Australia Post and its subsidiaries that are set out in the corporate plan; and

                             (ii)  the financial targets and non‑financial performance measures that are set out in the corporate plan; and

                     (c)  include an assessment of the extent to which the operations of Australia Post and its subsidiaries during the year have achieved those objectives; and

                     (d)  include an outline of the strategies and policies that Australia Post is following to carry out its community service obligations; and

                     (e)  if the Minister has, under subsection 40(1), directed the Board to vary the statement included in the corporate plan of Australia Post's strategies and policies to carry out its community service obligations--include an outline of the strategies and policies that the Minister directed the Board to vary; and

                      (f)  include an assessment of the appropriateness and adequacy of the strategies and policies that Australia Post is following to carry out its community service obligations; and

                    (fa)  include a statement about compliance, during the year, with the performance standards referred to in paragraph 27(4)(b) (these standards relate to Australia Post's community service obligations); and

                     (g)  include particulars of:

                              (i)  any general policies of the Commonwealth Government of which the directors are notified under section 28 of the Commonwealth Authorities and Companies Act 1997 that are applicable to the year; and

                             (ii)  any directions given by the Minister under section 49 that are applicable to the year; and

                     (h)  deal specifically with the effect on Australia Post's operations during the year of:

                              (i)  each such policy and direction; and

                             (ii)  any other obligations of Australia Post under this or any other Act that require it to act otherwise than in accordance with normal commercial practice; and

                      (j)  if the Minister has, under subsection 33(3), disapproved a proposed determination by the Board fixing or varying rates of postage--set out particulars of the proposed determination; and

                     (k)  include particulars of:

                              (i)  companies that Australia Post and its subsidiaries formed, and companies in whose formation Australia Post and its subsidiaries participated, during the year;

                             (ii)  companies that became or ceased to be subsidiaries of Australia Post and its subsidiaries during the year; and

                            (iii)  interests in partnerships, trusts, unincorporated joint ventures and other arrangements for the sharing of profits that Australia Post and its subsidiaries acquired or disposed of during the year; and

                    (m)  include an outline of:

                              (i)  shares that Australia Post subscribed for, purchased or disposed of during the year;

                             (ii)  other business interests that Australia Post and its subsidiaries acquired or disposed of during the year; and

                            (iii)  other activities of Australia Post's subsidiaries during the year; and

                     (n)  include an outline of the exercise during the year by Australia Post and its employees of any powers to open, or examine the contents of, articles carried by post; and

                     (o)  include, in relation to:

                              (i)  each subsection of section 90J (other than subsections 90J(2) and (4)); and

                             (ii)  each subsection of section 90K;

                            a record of the number of times during the year that information or documents were disclosed in reliance on that subsection and of the persons, authorities or bodies to which information or documents were so disclosed.

             (2)  In this section:

"corporate plan" means the corporate plan for Australia Post under section 17 of the Commonwealth Authorities and Companies Act 1997 .