(1)

The Board must prepare a corporate plan for Tourism Australia by 1 May each financial year (or by such later day as the Minister in a particular financial year allows).

(2)

The first corporate plan must be prepared as soon as practicable after the commencement of this section.

(3)

A corporate plan must be for a period of 3 financial years.

(4)

In preparing a plan, the Board must consult:

(a) State and Territory tourism authorities; and
(b) anyone else concerned with tourism that the Board considers appropriate; and
(c) anyone else specified by the Minister in writing.

(5)

The Board may revise the corporate plan on its own initiative at any other time.

(6)

This Division applies to a revised corporate plan in the same way it applies to a corporate plan.