(1)  A ministerial charter is to specify the broad policy expectations of the Portfolio Minister and Treasurer for the Government Business Enterprise and its subsidiaries.

(2)  A ministerial charter may limit the functions and powers of the Government Business Enterprise and the performance and exercise of those functions and powers, but –

(a) may not prevent the Government Business Enterprise from performing a function it is required to perform or otherwise complying with any Act; and

(b) may not extend the functions and powers of the Government Business Enterprise.