(1) Subject to subsection (2), the company shall -

(a) as soon as is practicable after the commencement of section 65 of the Air Navigation and Transport Act 2022 but, in any case, not later than 6 months after that commencement, and

(b) thereafter, not earlier than 6 months before and not later than 6 months later than each subsequent period of 3 years following the laying before each House of the Oireachtas in accordance with subsection (4) of the first statement of strategy,

prepare and submit to the Minister for the Minister's approval a statement of strategy for the company for the ensuing period of 3 years.

(2) A statement of strategy shall -

(a) comply with any directions issued from time to time by the Minister in respect of the form and manner of the statement's preparation,

(b) set out the key objectives, outputs and related strategies of the company for performing its functions under this Act during the period to which the statement relates, including the use of resources,

(c) have regard to the need to ensure the most beneficial, effective and efficient use of the company's resources,