Western Australian Consolidated Acts Western Australian Consolidated Acts A port authority
must —
(a) keep
the Minister reasonably informed of the operations, financial performance and
financial position of the port authority and its subsidiaries, including the
assets and liabilities, profits and losses and prospects of the port authority
and its subsidiaries;
(b) give
the Minister reports and information that the Minister requires for the making
of informed assessments of matters mentioned in paragraph (a); and
(c) if
matters arise that in the opinion of the board of the port authority may
prevent, or significantly affect, achievement of the port
authority’s —
(i)
objectives outlined in its statement of corporate intent;
or
(ii)
targets under its strategic development plan,
promptly inform the
Minister of the matters and its opinion in relation to them.