91Council may impose additional accountability requirements on substantive council-controlled organisations

1. The Council may require a substantive council-controlled organisation (except Watercare Services Limited) to—

2. include in its statement of intent a narrative on how the organisation will contribute to the Council's and, where appropriate, the Government's objectives and priorities for Auckland:
3. deliver, no later than 1 month after the end of the first and third quarter of each financial year, a report on the organisation's operations during each quarter that includes the information required to be included by its statement of intent:
4. prepare and adopt a plan covering a period of at least 10 years that describes how the organisation intends to—
   1. manage, maintain, and invest in its assets; and
   2. maintain or improve service levels; and
   3. respond to population growth and other changing environmental factors; and
   4. give effect to the Council's strategy, plans, and priorities:
5. comply with any specified requirements for the management of the assets of the organisation identified by the Council as strategic assets and processes for the approval of major transactions in relation to them.

6. The Council may not require Auckland Transport to prepare and adopt a plan under subsection (1)(c).

7. This section does not limit or affect the application of Part 5 of the Local Government Act 2002 to a substantive council-controlled organisation.