Victorian Consolidated Legislation

Melbourne Convention and Exhibition Trust Act 1996 - SECT 23

Corporate plan

23. Corporate plan



(1) The Trust must prepare a corporate plan each year.

(2) The Trust must give a copy of the proposed plan to the Minister on or
before 31 May in each year.

(3) The proposed corporate plan must be in or to the effect of a form approved
by the Minister and must include-

   (a)  a statement of corporate intent in accordance with section 24;

   (b)  a business plan containing the information required by the Minister;

   (c)  financial statements containing the information required by the
        Minister.

(4) The Trust must consider any comments on the proposed plan that are made to
it by the Minister within 2 months after the plan was submitted to the
Minister.

(5) The Trust must consult in good faith with the Minister following
communication to it of the comments, must make such changes to the plan as are
agreed between the Minister and the Trust and must deliver the completed plan
to the Minister within 2 months after the commencement of the financial year.

(6) The plan, or any part of the plan, must not be published or made available
except for the purposes of this Part without the prior approval of the Trust
and the Minister.

(7) The plan may be modified at any time by the Trust with the agreement of
the Minister.

(8) If the Trust, by written notice to the Minister, proposes a modification
of the plan the Trust may, within 14 days, make the modification unless the
Minister, by written notice to the Trust, directs the Trust not to make it.

(9) The Minister may, from time to time, by written notice to the Trust,
direct the Trust to include in, or omit from, a statement of corporate intent,
business plan or financial statement, any specified matters.

(10) Before giving a direction under subsection (9), the Minister must consult
with the Trust as to the matters to be referred to in the direction.

(11) The Trust must comply with any direction under subsection (9).

(12) At any particular time, the statement of corporate intent, the business
plan or the financial statements for the Trust are the statements and plans
last completed, with any modifications or deletions made in accordance with
this Part.