Queensland Consolidated Acts

INDUSTRIAL RELATIONS ACT 2016 - SECT 745

745 Highest paid officers and board member officers of an organisation

(1) For this division—

(a) if an organisation has fewer than 5 officers in a financial year—all of the officers of the organisation are the highest paid officers of the organisation for the year; and

(b) if an organisation has 5 or more officers in a financial year—the 5 most highly paid officers of the organisation for the year are the highest paid officers of the organisation for the year; and

(c) an officer of an organisation is a board member officer of the organisation if the officer is a member of a board and—

(i) the membership is a function of the officer’s office with the organisation; or

(ii) the organisation nominated the officer to be a member of the board.

(2) For subsection (1) (b) , an officer of an organisation is more highly paid than another officer of the organisation for the initial year or a financial year if the first officer is paid more remuneration for the year than the other officer.