Commonwealth Numbered Regulations - Explanatory Statements

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REMUNERATION TRIBUNAL (MEMBERS' FEES AND ALLOWANCES) AMENDMENT REGULATIONS 1998(NO. 1) 1998 NO. 308

EXPLANATORY STATEMENT

Statutory Rules 1998 No. 308

Issued by the Authority of the Minister for Finance and Administration

Remuneration Tribunal Act 1973

Remuneration Tribunal (Members' Fees and Allowances) Amendment Regulations 1998

Section 13 of the Remuneration Tribunal Act 1973 (the Act) provides that the GovernorGeneral may make regulations for the purposes of the Act.

Section 12 of the Act provides in part that a member of the Remuneration Tribunal is to be paid such fees as are prescribed.

Regulation 4 of the Remuneration Tribunal (Members Fees and Allowances) Regulations prescribes an annual fee to be paid to the President and Members of the Tribunal.

It is appropriate to increase the fees of the President and Members to the prescribed amounts in recognition of the Tribunal's increased work load; skills and responsibilities of the recent appointees; and the relativities with other part-time statutory office holders within the Tribunal's jurisdiction. This approach replaces the previous practice whereby fees for Tribunal members were adjusted by the same amount as other part-time office holders.

Regulation 5 amends Regulation 4 of the Regulations by omitting the annual fees payable to the President and Members and prescribing new fees for these offices.

The Regulations will commence on the date of gazettal.


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