(1) Subject to subsections (2) and (3), the company shall, in each year -

(a) prepare and adopt a business plan in respect of that year or of such other period as may be determined by the Minister, and

(b) submit the plan to the Minister.

(2) A business plan shall -

(a) indicate the activities of the company for the period to which the business plan relates,

(b) contain estimates of the number of -

(i) employees of company, and

(ii) staff members of the company who are not employees of the company,

for the period and the business to which the plan relates, and

(c) accord with policies and objectives of the Minister and the Government as they relate to the functions of the company.

(3) The company shall, in preparing the business plan, have regard to the statement of strategy in operation at that time as approved under section 29A.