Commonwealth Consolidated Acts

AUSTRALIAN WINE AND BRANDY CORPORATION ACT 1980 - SECT 31

             (1)  The Corporation shall, in accordance with this section, develop, for the purpose of the more effective performance by the Corporation of its functions, a plan:

                     (a)  defining what, in the opinion of the Corporation, should be the principal objectives of the Corporation;

                     (b)  giving a broad outline of the strategies that should, in the opinion of the Corporation, be pursued in achieving those objectives;

                     (c)  setting out the Corporation's assessment, for the period to which the plan relates, of the market outlook and the economic outlook for the industry.

             (2)  The first corporate plan shall relate to such period, being a period commencing on 1 November 1986 or such later day as the Minister approves and ending on 30 June 1989, 30 June 1990 or 30 June 1991, as the Corporation determines.

             (3)  Each subsequent corporate plan shall relate to such period, being a period of 3, 4 or 5 years commencing on the 1 July immediately following the end of the period to which the previous plan related, as the Corporation determines.