Victorian Numbered Acts Victorian Numbered Acts(1) The Board must prepare a strategic plan—
(a) within one year after commencement of this section; and
(b) for each subsequent financial year.
(2) A strategic plan must include the following—
(a) a business plan for the financial year to which the plan relates;
(b) for the financial year to which the plan relates and for the subsequent 3 financial years—
(i) a statement of corporate intent; and
(ii) the business goals of the Board; and
(iii) strategies of the Board in relation to financial, risk management, occupational health and safety and human resources matters; and
(iv) planned activities of the Board in relation to the operation and development of the Puffing Billy Railway.
(3) The Board must provide a draft of a proposed strategic plan to the Minister for approval no later than 31 May before the financial year to which the plan relates.
(4) The Board must—
(a) make any changes to a draft proposed strategic plan that are requested by the Minister; and
(b) provide the revised draft strategic plan to the Minister for approval no later than 31 August of the financial year to which the plan relates.
(5) The Minister may extend the time within which the Board must comply with subsection (3) or (4), if requested by the Board.
(6) A strategic plan that is approved by the Minister is taken to replace the strategic plan for the previous financial year.