Victorian Consolidated Legislation

State Owned Enterprises Act 1992 - SECT 69

Principal objective

69. Principal objective

The principal objective of each State owned company is to perform its
functions for the public benefit by-

   (a)  operating its business and pursuing its undertaking as efficiently as
        possible consistent with prudent commercial practice; and

   (b)  maximising its contribution to the economy and well being of the
        State.