Western Australian Current Acts

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GOVERNMENT TRADING ENTERPRISES ACT 2023 - SECT 27

27 .         Audit and risk management committees

        (1)         A GTE’s board must appoint a committee to assist the board in performing its audit and risk management functions.

        (2)         A member of a GTE’s audit and risk management committee who is also a director of the GTE is entitled to an allowance determined by the Salaries and Allowances Tribunal.

        (3)         The allowance is in addition to any other remuneration to which the director is entitled under this Act.

        (4)         Despite subsections (2) and (3), a director is not entitled to remuneration under this section if 1 or more of the following applies to the director —

            (a)         the director is also the GTE’s chief executive officer;

            (b)         the director holds a full-time office or position that is remunerated out of funds appropriated by Parliament;

            (c)         a prescribed circumstance applies to or in relation to the director.



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