Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 300A

(1)

The directors' report for a financial year for a company must also include:

(a)

discussion of broad policy for determining the nature and amount of emoluments of board members and senior executives of the company; and

(b)

discussion of the relationship between such policy and the company's performance; and

(c)

details of the nature and amount of each element of the emolument of each director and each of the 5 named officers of the company receiving the highest emolument.

(2)

This section applies only to a company that is:

(a)

incorporated in Australia; and

(b)

included in an official list of the Exchange.

(3)

This section applies despite anything in the company's constitution.