New South Wales Consolidated Acts

TRANSPORT ADMINISTRATION ACT 1988 - SECT 17B

17B Corporate plans

(1) RailCorp must, at least 3 months before the beginning of each financial year of RailCorp, prepare and deliver to the Minister a draft corporate plan for the financial year.

(2) RailCorp must:

(a) consider any comments on the draft corporate plan that were made by the Minister within 2 months after the draft plan was delivered to the Minister, and

(b) deliver the completed corporate plan to the Minister before the beginning of the financial year concerned.

(3) During the preparation of a corporate plan after the commencement of this subsection, RailCorp is to make a draft plan available for public comment for at least 30 days and is to have regard to any submissions it receives about the draft plan within that period. The arrangements for obtaining or inspecting the draft plan and for making submissions are to be advertised in a daily newspaper circulating throughout the State.

(4) RailCorp is to make the completed corporate plan available for public inspection. However, RailCorp is not required to include in any draft or completed plan made available for public comment or inspection information that is of a commercially sensitive nature or that it would otherwise not be required to disclose under the Freedom of Information Act 1989 .

(5) RailCorp must, as far as practicable, exercise its functions in accordance with the relevant corporate plan.

(6) A corporate plan is to specify:

(a) the separate activities of RailCorp and, in particular, the separate commercial and non-commercial activities, and

(b) the objectives of each such separate activity for the financial year concerned and for future financial years, and

(c) the strategies, policies and budgets for achieving those objectives in relation to each such separate activity, and

(d) the targets and criteria for assessing RailCorp’s performance.

(7) This section is subject to any requirement made by or under this Act (including the requirements of any direction by the Minister under this Division).