THE CORPORATIONS LAW

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT

PART 2M.3 - FINANCIAL REPORTING

Division 1 - Annual financial reports and directors' reports

SECTION 300A   ANNUAL DIRECTORS' REPORT - SPECIFIC INFORMATION TO BE PROVIDED BY LISTED COMPANIES  

300A(1)  [Information to be provided]  

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.

300A(2)  [Applies if listed company]  

This section only applies to a company that is:

(a)  incorporated in Australia; and

(b)  included in an official list of the Exchange.

300A(3)  [Applies despite constitution]  

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