(1) At least 3 months before the beginning of each period specified in subsection (2), the Bank shall -

(a) prepare for the period a strategic plan that complies with this section, and

(b) submit the plan to the Minister.

(2) The periods referred to in subsection (1) are -

(a) the period of 3 financial years that begins on 1 January 2016, and

(b) each subsequent period of 3 financial years.

(3) A strategic plan shall specify -

(a) the objectives of the Bank's activities for the relevant period,

(b) the nature and scope of the activities to be undertaken,

(c) the strategies and policies for achieving those objectives,

(d) targets and criteria for assessing the performance of the Bank, and

(e) the uses for which the Bank proposes to apply its resources.