Commonwealth Numbered Acts

AUSTRALIAN POSTAL CORPORATION ACT 1989 No. 64 of 1989 - SECT 43

43. The report of Australia Post's operations for a financial year shall:

   (a)  include the objectives of Australia Post and its subsidiaries under
        the corporate plan;

   (b)  include an outline of:

        (i)    the overall strategies and policies of Australia Post and its
               subsidiaries under the corporate plan; and

        (ii)   the performance indicators and targets under the plan;

   (c)  include an assessment of the extent to which the operations of
        Australia Post and its subsidiaries during the year have achieved
        those objectives;

   (d)  include an outline of the strategies and policies that Australia Post
        is following to carry out its community service obligations;

   (e)  if the Minister has, under subsection 40 (1), directed the Board to
        vary the statement included in the corporate plan of Australia Post's
        strategies and policies to carry out its
        community service obligations-include an outline of the strategies and
        policies that the Minister directed the Board to vary;

   (f)  include an assessment of the appropriateness and adequacy of the
        strategies and policies that Australia Post is following to carry out
        its community service obligations;

   (g)  include particulars of:

        (i)    any general policies of the Commonwealth Government notified
               under section 48 that are applicable to the year; and

        (ii)   any directions given by the Minister under section 49 that are
               applicable to the year;

   (h)  deal specifically with the effect on Australia Post's operations
        during the year of:

        (i)    each such policy and direction; and

        (ii)   any other obligations of Australia Post under this or any other
               Act that require it to act otherwise than in accordance with
               normal commercial practice;

   (j)  if the Minister has, under subsection 33 (3), disapproved a proposed
        determination by the Board fixing or varying rates of postage-set out
        particulars of the proposed determination;

   (k)  include particulars of:

        (i)    companies that Australia Post and its subsidiaries formed, and
               companies in whose formation Australia Post and its
               subsidiaries participated, during the year;

        (ii)   companies that became or ceased to be subsidiaries of Australia
               Post and its subsidiaries during the year; and

        (iii)  interests in partnerships, trusts, unincorporated joint
               ventures and other arrangements for the sharing of profits that
               Australia Post and its subsidiaries acquired or disposed of
               during the year;

   (m)  include an outline of:

        (i)    shares that Australia Post subscribed for, purchased or
               disposed of during the year;

        (ii)   other business interests that Australia Post and its
               subsidiaries acquired or disposed of during the year; and

        (iii)  other activities of Australia Post's subsidiaries during the
               year; and

   (n)  include an outline of the exercise during the year by Australia Post
        and its employees of any powers to open, or examine the contents of,
        articles carried by post.