COWES HARBOUR COMMISSION STRATEGIC PLAN 2016-2021 June 2016 | Page 7

GOVERNANCE & REGULATORY
CORE POLICY
Manage the harbour in an open and accountable manner.

GUIDING POLICIES
n Modernising Trust Ports (MTP) Guide to Good Governance: Manage the harbour in accordance

with the principles from the Department for Transport’s guidance.
n 5 year Strategic Plan: Deliver CHC’s 5 year Strategic Plan and ensure Board and management

decisions are compliant with principles.
n Open port policy: Ensure compliance with fundamental open port principle.
n Regulatory powers: CHC will maintain statutory and constitutional powers to fulfil its statutory duties

and strategic objectives and operate its commercial marine services.
n Statutory and harbours regulations: Comply with all relevant legislation.
n Responsible to stakeholders: Deliver good communications including an Annual Report and

public meeting.
n Stakeholder engagement: Consult stakeholders, including the CHC Advisory Committee on harbour

plans, policies, investments and stakeholder dividend proposals.
n Financial and commercial management: Operate to best value, open, fair and accountable

principles, generating a commercially acceptable rate of return from harbour assets.

OBJECTIVES

Target Date

n 5 year Strategic Plan: Consult and agree CHC’s Strategic Plan for 2016 - 2021.

2016

n Governance policies: Review CHC’s governance policies, including stakeholder

dividend and charitable requests.

2016-2017

n Charitable trust: Review the possibilities of charitable investment into stakeholder

dividend projects.

2017-2018

STRATEGIC PLAN 2016 - 2021

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