Western Australian Consolidated Acts

WATER CORPORATION ACT 1995 - SECT 50

50 .         Draft statement to be submitted to Minister

        (1)         The board must in each year prepare, and submit to the Minister for his or her agreement, a draft statement of corporate intent for the corporation and any subsidiary.

        (2)         The Minister may from time to time, with the concurrence of the Treasurer, by written notice to the board —

            (a)         fix a day in each year by which a draft statement of corporate intent is to be submitted under subsection (1); or

            (b)         cancel a notice given under paragraph (a).

        (3)         Each draft statement of corporate intent is to be submitted not later than —

            (a)         the day fixed under subsection (2); or

            (b)         if there is for the time being no day so fixed — 2 months before the start of the next financial year.

        [Section 50 amended by No. 74 of 2003 s. 127(4); No. 77 of 2006 s. 14(3).]

[ 51.         Omitted under the Reprints Act 1984 s. 7(4)(g).]