Commonwealth Numbered Acts

AUSTRALIAN HORTICULTURAL CORPORATION ACT 1987 No. 164 of 1987 - SECT 27

27. (1) The Corporation shall, as soon as practicable after the commencement
of this Part, prepare a corporate plan.

(2) The Corporation shall, in each financial year to which the corporate plan
relates and not later than 1 April, review and revise the plan.

(3) The Corporation:

   (a)  may, at any other time, revise the corporate plan; and

   (b)  shall revise the corporate plan if the Minister requests it, in
        writing, to revise the corporate plan and gives reasons for the
        request.

(4) The corporate plan as prepared under subsection (1) shall include a
statement of the objectives of the Corporation, and an assessment of the
market and economic outlook for Australian horticultural industries, for:

   (a)  if the plan is prepared in the first 9 months of a financial year, the
        financial year in which the plan is prepared and the 4 subsequent
        financial years; or

   (b)  if the plan is prepared in the last 3 months of a financial year, the
        next financial year and the 4 subsequent financial years.

(5) The corporate plan as revised under subsection (2) shall include a
statement of the objectives of the Corporation, and an assessment of the
market and economic outlook for Australian horticultural industries, for the
financial year immediately following the financial year in which the corporate
plan is revised and the 4 subsequent financial years.

(6) The corporate plan shall also outline the strategies and policies that the
Corporation intends to adopt in order to achieve its objectives.

(7) The corporate plan, and a revision of the corporate plan:

   (a)  shall be submitted to the Minister as soon as practicable after it is
        prepared; and

   (b)  has no effect until it is approved, in writing, by the Minister.

(8) Before preparing or revising the corporate plan, the Corporation shall
consult with eligible industry bodies.