The main purposes of this Act are—
(a) to establish the Victorian Independent Remuneration Tribunal to—
(i) determine salaries, work-related parliamentary allowances and the Budget for Members of Parliament under the Parliamentary Salaries and Superannuation Act 1968 ; and
(ii) determine remuneration bands for executives employed in prescribed public entities; and
(iii) determine remuneration bands for executives employed in public service bodies; and
(iv) perform such other functions as are specified; and
(b) to amend the Parliamentary Salaries and Superannuation Act 1968 to—
(i) rename the Act and provide for the purpose of the Act; and
(ii) insert a Statement of Principles in relation to the use of public resources by Members of Parliament; and
(iii) provide for work-related parliamentary allowances and the Budget; and
(iv) create a new parliamentary travel allowance to support the travel of Members of Parliament where necessary for the performance of their public duties; and
(v) replace the resettlement allowance with a separation payment; and
(vi) establish a monitoring, compliance and enforcement system to be administered by the relevant Officer; and
(vii) provide for a Compliance Officer to hear and determine appeals in relation to determinations; and
(c) to amend the Members of Parliament (Register of Interests) Act 1978 to promote public trust and confidence in Members of Parliament by—
(i) renaming the Act and providing for the objective of the Act; and
(ii) inserting a Statement of Values for Members of Parliament; and
(iii) updating the Code of Conduct for Members of Parliament; and
(iv) expanding the Register of Interests for Members of Parliament; and
(v) making other necessary amendments; and
(d) to amend the Parliamentary Administration Act 2005 to clarify the role of electorate officers; and
(e) to make related amendments to the Public Administration Act 2004 and consequential amendments to certain other Acts.