Commonwealth Consolidated Acts

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AIR SERVICES ACT 1995 - SECT 13

Matters to be considered in preparation of corporate plan

                   When preparing a corporate plan under section 17 of the Commonwealth Authorities and Companies Act 1997 , the members must consider the following matters:

                     (a)  the need for high standards of aviation safety;

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

                     (c)  any directions given by the Minister under section 16;

                     (d)  any payments made by the Commonwealth to AA to fund its search and rescue services;

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

                      (f)  the need to earn a reasonable rate of return on AA's assets (other than assets wholly or principally used in the provision of search and rescue services);

                     (g)  the expectation of the Commonwealth that AA will pay a reasonable dividend;

                     (h)  any other commercial considerations the Board thinks appropriate.



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