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Strategic plans and work programmes.
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23.—(1) As soon as practicable and after the establishment day, and thereafter within 6 months before each fifth anniversary of the establishment day, the Foundation shall prepare and submit to the Minister a plan (in this section referred to as a “strategic plan”) for the ensuing 5 year period.
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(2) A strategic plan shall—
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(a) comprise the key objectives, outputs and related strategies, including use of resources, of the Foundation,
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(b) be prepared in a form and manner in accordance with any directions issued from time to time by the Minister, and
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(c) have regard to the need to ensure the most beneficial, effective and efficient use of resources of the Foundation.
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(3) The Minister shall, as soon as practicable after a strategic plan has been submitted to him or her under subsection (1), cause a copy of it to be laid before each House of the Oireachtas.
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(4) The Foundation shall prepare and submit to the Minister by the end of each year a programme of the activities it proposes to carry out in the following year.
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