Victorian Consolidated Legislation

Melbourne Cricket Ground Act 2009 - SECT 25

Business plan

25. Business plan



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

(2) While the Melbourne Cricket Club is Ground manager of the whole of the
Ground, the Melbourne Cricket Club must-

   (a)  prepare the business plan on behalf of the Trust in accordance with
        the terms and conditions of the Melbourne Cricket Club's appointment
        as Ground manager; and

   (b)  submit the plan to the Trust for approval.

(3) On or before the date in each year that is determined by the Minister, the
Trust must give a copy of the plan it has prepared under subsection (1) or has
approved under subsection (2) to each specified Minister.

(4) The business plan must be in the form approved by each specified Minister
and must include-

   (a)  a statement of corporate intent, being information about the
        objectives, main undertakings, activities, accounting policies and
        performance measures of the Trust;

   (b)  financial statements of the Trust, containing the information (if any)
        required by a specified Minister;

   (c)  any other matter that a specified Minister directs.

(5) The Trust must consider any comment on the plan prepared under subsection
(4) that is made by a specified Minister within 2 months after the plan was
submitted to the Minister.





(6) If a specified Minister has made a comment under subsection (5), the Trust
must-

   (a)  consult in good faith with the Minister; and

   (b)  make any changes to the plan that are agreed upon between the Minister
        and the Trust; and

   (c)  deliver the settled plan to each specified Minister.

(7) The whole or a part of the plan must not be published or made available
except for the purposes of this section without the prior approval of each
specified Minister.