Western Australian Consolidated Acts Western Australian Consolidated Acts The corporation
must —
(a) keep
the Minister reasonably informed of the operations, financial performance and
financial position of the corporation and its subsidiaries, including the
assets and liabilities, profits and losses and prospects of the corporation
and its subsidiaries;
(b) give
the Minister reports and information that he or she requires for the making of
informed assessments of matters mentioned in paragraph (a); and
(c) if
matters arise that in the board’s opinion may prevent, or significantly
affect, achievement of the corporation’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.