According to the Act, the TasTAFE Board is responsible to the Minister for - ;;(a) the performance of the functions of TasTAFE;;(b) the achievement by TasTAFE of the objectives specified in the TasTAFE corporate plan; and;;(c) ensuring that the business and affairs of TasTAFE are managed and conducted;; (i) in accordance with sound business practice; and;; (ii) in a manner that is consistent with any directions given by the Minister under section 72; and;;(d) in consultation with the Minister, setting annual performance objectives for the TasTAFE chief executive officer.