Victorian Consolidated Legislation

State Owned Enterprises Act 1992 - SECT 42

Statement of corporate intent: contents

42. Statement of corporate intent: contents

Each statement of corporate intent must specify for a State business
corporation and its subsidiaries, in respect of the financial year to which it
relates and each of the 2 following financial years, the following
information:

   (a)  The objectives of the corporation and of its subsidiaries;

   (b)  The main undertakings of the corporation and of its subsidiaries;

   (c)  The nature and scope of the activities to be undertaken by the
        corporation;

   (d)  The accounting policies to be applied in the accounts;

   (e)  The performance targets and other measures by which the performance of
        the corporation and of its subsidiaries may be judged in relation to
        their stated objectives;

   (f)  The kind of information to be provided to the Treasurer and the
        relevant Minister by the corporation during the course of those
        financial years, including the information to be included in each
        half-yearly report;

   (g)  Such other matters as may be agreed on by the Treasurer, the relevant
        Minister and the board from time to time.