Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Each corporate plan shall be submitted to the Minister for approval before the intended day of commencement of the period to which the corporate plan relates and shall not come into force until:
(a) the day on which it is approved by the Minister; or
(b) the day of commencement of the period to which it relates;
whichever is the later.
(2) Upon the coming into force of a corporate plan under subsection ( 1), any corporate plan that is already in force ceases to be in force.