New South Wales Consolidated Acts New South Wales Consolidated Acts(cf State Owned Corporations Act 1989 , section 26)
(1) The Minister is required to lay, or cause to be laid, the following before each House of Parliament:(a) a copy of the constitution of the Corporation, within 14 sitting days after the date of the constitution or the date on which the Corporation came into being (whichever is the later),(b) a copy of the constitution of each subsidiary of the Corporation, within 14 sitting days after the date of the constitution or the date on which the subsidiary became a subsidiary of the Corporation (whichever is the later),(c) a copy of any change to the constitution of the Corporation or any of its subsidiaries, within 14 sitting days after the date of the change,(d) a copy of the completed statement of corporate intent for the Corporation, within 14 sitting days after the date the voting shareholders received it,(e) a copy of any modification to a completed statement of corporate intent for the Corporation made after a copy of the statement was laid before the House, within 14 sitting days after the date the modification was made,(f) a copy of any notice given under section 42 (6) directing the Board not to make a modification of a statement of corporate intent, within 14 sitting days after the date the notice was given,(g) a copy of any notice given under section 42 (7) directing the inclusion of matters in or the omission of matters from a statement of corporate intent, within 14 sitting days after the date the notice was given,(h) a copy of each half-yearly and annual report of the Corporation, within 14 sitting days after the date the voting shareholders received it,(i) a copy of any notice given by the voting shareholders under the constitution of the Corporation to the Board as to the amount of a dividend, within 14 sitting days after the date the notice was given,(j) a copy of any written approval given by the voting shareholders under section 23, 24 or 25, within 14 sitting days after the date the approval was given,(k) a copy of any notice given by the voting shareholders under section 24 (6), within 14 sitting days after the date the notice was given,(l) a copy of any written instrument under section 22 (3), within 14 sitting days after the date the instrument was signed,(m) a copy of any written direction under clause 12 of Schedule 6, within 14 sitting days after the direction was given.
(2) The material referred to in subsection (1) relating to a statement of corporate intent must be accompanied by a statement as to whether or not the statement of corporate intent embodies any changes made to the description of the main undertakings of the Corporation or its subsidiaries.
(3) Before copies of material referred to in subsection (1) (d) or (e) relating to a statement of corporate intent are laid before the Houses of Parliament, the voting shareholders may delete any information of a commercially sensitive nature.
(4) The material referred to in subsection (1) (j) relating to an approval given under section 25 need not be laid before the Houses of Parliament so far as the approval relates to a transaction between any members of a group comprising the Corporation and its subsidiaries.
(5) The Corporation must ensure that the material referred to in subsection (1) is made available to the Minister in time to enable the Minister to comply with the requirements of that subsection.
(6) Compliance with subsection (5) is a condition of the Corporation’s operating licence.