4. Best value authorities must include the following matters in their best value performance plans—
(a)a summary of the authority’s objectives in relation to the exercise of its functions;
(b)a summary of any assessment made by the authority of the level at which and the way in which it exercises its functions;
(c)a statement specifying the period within which the authority is required to review its functions under section 5(2) of the Act and articles 2 and 3 of this Order;
(d)a statement indicating the timetable the authority proposes to follow in conducting a best value review;
(e)a statement specifying any performance indicators, standards and targets specified or set in relation to the authority’s functions;
(f)a summary of the authority’s assessment of its performance in the previous financial year with regard to performance indicators;
(g)a comparison of that performance with the authority’s performance in previous financial years;
(h)a comparison of the authority’s performance as summarised in accordance with paragraph (f) above, with the performance of other best value authorities in previous financial years;
(i)a summary of its assessment of its success in meeting any performance standard which applied at any time in the previous financial year;
(j)a summary of its assessment of its progress towards meeting any performance standard which has been specified but which does not yet apply;
(k)a summary of its assessment of its progress towards meeting any performance target;
(l)a summary of any plan of action to be taken in the financial year to which the plan relates for the purposes of meeting a performance target;
(m)a summary of the basis on which any performance target was set, and any plan of action was determined, in relation to a function reviewed under section 5 of the Act and articles 2 and 3 of this Order, in the previous financial year.