Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 11   Amendments of Acts starting with O to R

Offshore Petroleum and Greenhouse Gas Storage Act 2006

7   Section 678

Repeal the section, substitute:

678 Corporate plan

(1) The corporate plan prepared by the CEO under section 35 of the Public Governance, Performance and Accountability Act 2013 must include details of the following matters:

(a) an analysis of risk factors likely to affect the safety of offshore petroleum operations or offshore greenhouse gas storage operations;

(b) an analysis of risk factors likely to affect the structural integrity of facilities, wells or well-related equipment that are in NOPSEMA waters;

(c) an analysis of risk factors likely to affect offshore petroleum environmental management or offshore greenhouse gas storage environmental management;

(d) human resource strategies and industrial relations strategies.

(2) The corporate plan must also cover any other matters required by the responsible Commonwealth Minister, which may include further details about the matters mentioned in subsection (1).

(3) Subsection 35(3) of the Public Governance, Performance and Accountability Act 2013 (which deals with the Australian Government’s key priorities and objectives) does not apply to a corporate plan prepared by the CEO.