Commonwealth Consolidated Acts

SPECIAL BROADCASTING SERVICE ACT 1991 - SECT 48

             (1)  Each corporate plan must:

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

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

                              (i)  to achieve the objectives of the SBS; and

                             (ii)  to fulfil the SBS's principal and subsidiary functions; and

                            (iii)  to ensure that the Board performs its role under paragraph 9(b) and fulfils its duties under section 10; and

                     (c)  include a forecast of the revenue and expenditure of the SBS 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)  set out the Board's additional community consultative measures, that is to say, any measures that the Board proposes to adopt in addition to receiving advice from the Community Advisory Committee to ensure that it is aware of, and responsive to, community needs and opinions (including the needs and opinions of small or newly arrived ethnic groups) on matters relevant to the Charter; and

                      (f)  include such other matters as are prescribed.

             (2)  The forecast of the revenue and expenditure of the SBS must include an assessment of all the taxes and charges that would be payable by the SBS under the laws of the Commonwealth and of each State and Territory if the SBS were subject to taxation liability under those laws.

             (3)  In this section, unless the contrary intention appears, subsidiary means a prescribed company within the meaning of section 52 that the SBS controls.