Common use of Planning and Reporting Clause in Contracts

Planning and Reporting. (a) On an annual basis, the Chair will submit a business plan, covering the Corporation’s next three fiscal years to the Minister for review and approval. The Ministry will provide the Corporation with the guidelines for such business plan that will be in accordance with the Government’s current fiscal year’s requirements, as well as applicable Ministry of Finance and TB/MBC Directives and guidelines. The Corporation will provide the Ministry with a draft business plan prior to the final business plan submission, in keeping with established deadlines, to provide an opportunity for review and comment. (b) The Minister will review the business plan and advise the Board, in a timely fashion, whether or not the Minister approves the overall directions envisaged by the Corporation and if not, the Minister will indicate where and in what ways the overall directions of the business plans are at variance with the Government’s policies and priorities. (c) After Board approval, the Chair will provide the Ministry with in-year reporting on the Corporation’s performance against its approved business plan and report on any intended activities that may result in material additions, deletions or amendments to its approved business plan in sufficient time for the Minister to consider the intended activities before the Corporation enters into any binding financial or operational commitments with respect thereto. (d) As required by TB/MBC Directives, once every three years the Corporation’s business plan will be reviewed, revised as appropriate, and then submitted by the Minister to TB/MBC for review and approval as needed. (e) The Corporation’s business plan shall be in accordance with the requirements set out in the

Appears in 1 contract

Samples: Memorandum of Understanding

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Planning and Reporting. (a) On an annual basis, the Chair will submit a business plan, plan approved by the Board covering the CorporationCommission’s next three fiscal years to the Minister for review and approval. The Ministry will provide the Corporation Commission with the guidelines for such the business plan that will be in accordance with the Government’s current fiscal year’s requirements, as well as applicable Ministry of Finance and TB/MBC Directives and guidelines. The Corporation Commission will provide the Ministry with a draft business plan prior to the final business plan submission, in keeping with established deadlines, to provide an opportunity for review and comment. (b) The Minister will review the business plan and advise the Board, in a timely fashion, whether or not the Minister approves the overall directions envisaged by the Corporation Commission and if not, the Minister will indicate where and in what ways the overall directions of the business plans are at variance with the Government’s policies and priorities. (c) After Board approval, the Chair will provide the Ministry with in-year reporting on the CorporationCommission’s performance against its approved business plan and report on any intended activities that may result in material significant additions, deletions or amendments to its approved business plan in sufficient time for the Minister to consider the intended activities before the Corporation Commission enters into any binding financial or operational commitments with respect thereto. (d) As required by TB/MBC Directives, once every three years the CorporationCommission’s business plan will be reviewed, revised as appropriate, and then submitted by the Minister to TB/MBC for review and approval as needed. (e) The CorporationCommission’s business plan shall be in accordance with the requirements set out in thethe Agency Establishment and Accountability Directive.

Appears in 1 contract

Samples: Memorandum of Understanding

Planning and Reporting. (a) On an annual basis, the Chair will submit a business plan, plan covering the CorporationCommission’s next three fiscal years to the Minister for review and approval. . (b) The Ministry will provide the Corporation Commission with the guidelines for such the business plan that will be in accordance with the Government’s current fiscal year’s requirements, as well as applicable Ministry of Finance and TB/MBC Directives and guidelines. . (c) The Corporation Commission will provide the Ministry with a draft business plan prior to the final business plan submission, in keeping with established deadlines, to provide an opportunity for review and comment. (bd) The Minister will review the business plan and advise the Board, in a timely fashion, whether or not the Minister approves the overall directions envisaged by the Corporation Commission and if not, the Minister will indicate where and in what ways the overall directions of the business plans are at variance with the Government’s policies and priorities. (ce) After Board approval, the Chair will provide the Ministry with in-year reporting on the CorporationCommission’s performance against its approved business plan and report on any intended activities that may result in material significant additions, deletions or amendments to its approved business plan in sufficient time for the Minister to consider the intended activities before the Corporation Commission enters into any binding financial or operational commitments with respect thereto. (d) As required by TB/MBC Directives, once every three years the Corporation’s business plan will be reviewed, revised as appropriate, and then submitted by the Minister to TB/MBC for review and approval as needed. (ef) The CorporationCommission’s business plan shall be in accordance with the requirements set out in thethe Agency Establishment and Accountability Directive. TB/MBC may require the Minister to submit the agency’s business plan to TB/MBC for review at any time.

Appears in 1 contract

Samples: Memorandum of Understanding

Planning and Reporting. (a) On an annual basis, the Chair will submit a business plan, plan approved by the Board covering the Corporation’s next three fiscal years to the Minister for review and approval. The Ministry will provide the Corporation with the guidelines for such the business plan that will be in accordance with the Government’s current fiscal year’s requirements, as well as applicable Ministry of Finance and TB/MBC Directives and guidelines. The Corporation will provide the Ministry with a draft business plan prior to the final business plan submission, in keeping with established deadlines, to provide an opportunity for review and comment. (b) The Minister will review the business plan and advise the Board, in a timely fashion, whether or not the Minister approves the overall directions envisaged by the Corporation and if not, the Minister will indicate where and in what ways the overall directions of the business plans are at variance with the Government’s policies and priorities. (c) After Board approval, the Chair will provide the Ministry with in-year reporting on the Corporation’s performance against its approved business plan and report on any intended activities that may result in material significant additions, deletions or amendments to its approved business plan in sufficient time for the Minister to consider the intended activities before the Corporation enters into any binding financial or operational commitments with respect thereto. (d) As required by TB/MBC Directives, once every three years the Corporation’s business plan will be reviewed, revised as appropriate, and then submitted by the Minister to TB/MBC for review and approval as needed. (e) The Corporation’s business plan shall be in accordance with the requirements set out in thethe Agency Establishment and Accountability Directive. TB/MBC may require the Minister to submit the agency’s business plan to TB/MBC for review at any time.

Appears in 1 contract

Samples: Memorandum of Understanding

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Planning and Reporting. (a) On an annual basis, the Chair will submit a business planplan approved by the Board, covering the Corporation’s next three fiscal years years, to the Minister for review and approval. The Ministry will provide the Corporation with the guidelines for such the business plan that will be in accordance with the Government’s current fiscal year’s requirements, as well as applicable Ministry of Finance and TB/MBC Directives and guidelines. The Corporation will provide the Ministry with a draft business plan prior to the final business plan submission, in keeping with established deadlines, to provide an opportunity for review and comment. (b) The Minister will review the business plan and advise the Board, in a timely fashion, whether or not the Minister approves the overall directions envisaged by the Corporation and if not, the Minister will indicate where and in what ways the overall directions of the business plans are at variance with the Government’s policies and priorities. (c) After Board approval, the Chair will provide the Ministry with in-year reporting on the Corporation’s performance against its approved business plan and report on any intended activities that may result in material significant additions, deletions or amendments to its approved business plan in sufficient time for the Minister to consider the intended activities before the Corporation enters into any binding financial or operational commitments with respect thereto. (d) As required by TB/MBC Directives, once every three years the Corporation’s business plan will be reviewed, revised as appropriate, and then submitted by the Minister to TB/MBC for review and approval as needed. (e) The Corporation’s business plan shall be in accordance with the requirements set out in thethe Agency Establishment and Accountability Directive.

Appears in 1 contract

Samples: Memorandum of Understanding

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