New South Wales Consolidated Acts

WASTE RECYCLING AND PROCESSING CORPORATION ACT 2001 - SECT 5

5 Principal objectives of Corporation

(1) The principal objectives of the Corporation are as follows:

(a) to be a successful business and, to this end:

(i) to operate at least as efficiently as any comparable businesses, and

(ii) to maximise the net worth of the State’s investment in it, and

(iii) to exhibit a sense of social responsibility by having regard to the interests of the community in which it operates,

(b) to protect the environment by conducting its operations in compliance with the principles of ecologically sustainable development contained in section 6 (2) of the Protection of the Environment Administration Act 1991 ,

(c) to exhibit a sense of responsibility towards regional development and decentralisation in the way in which it operates,

(d) to provide and manage efficient, safe and reliable waste facilities, secondary resource facilities and related facilities,

(e) to be an efficient and responsible provider of waste management services, secondary resource recovery services and related services,

(f) to minimise any adverse health and environmental impacts of its activities and services relating to waste management and secondary resource recovery.

(2) Each of the principal objectives of the Corporation is of equal importance.

(3) The provisions of section 20E of the State Owned Corporations Act 1989 do not apply to the Corporation.

(4) The annual report of the Corporation under the State Owned Corporations Act 1989 must include an assessment by the Auditor-General of the Corporation’s performance in achieving the objective referred to in subsection (1) (a) (i).