(1) The Commission shall draw up and adopt a strategy statement reflecting its statutory functions.

(2) In drawing up a strategy statement under subsection (1), the Commission shall distinguish between its functions in relation to electronic communications, premium rate services, management of radio frequency spectrum and postal services.

(3) A strategy statement shall -

(a) be adopted within 6 months of the establishment day and every 2 years thereafter, and

(b) take into account the objectives set out in section 12 and any directions under section 13.

(4) The Commission shall present a copy of a strategy statement to the Minister and to such committees of either or both Houses of the Oireachtas as the Minister may, from time to time, direct.

(5) Prior to the adoption of a strategy statement and its presentation to the Minister, the Commission shall undertake a public consultation process on a draft of the strategy statement.