65. The Act of 1993 is amended by the insertion of the following sections after section 29:

“Statement of strategy

29A. (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,

(d) identify the relevant performance indicators (financial and non-financial) and specify the manner in which the company proposes to assess its performance in respect of the objectives, outputs and strategies referred to in paragraph (b),

(e) except for the first statement of strategy, include a review of the outcomes and effectiveness of the preceding statement of strategy, and

(f) include any other matters that the Minister may from time to time direct.

(3) When preparing the statement of strategy, the company shall consult with stakeholders and may consult with any other persons it considers appropriate.

(4) The Minister shall, as soon as is practicable after a statement of strategy has been submitted to him or her in accordance with subsection (1) and he or she has approved it, cause a copy of the statement to be laid before each House of the Oireachtas.

(5) The company shall, as soon as practicable after the statement of strategy has been laid before each House of the Oireachtas, arrange for the statement to be published on the internet.

Business plan

29B. (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.”.