Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 (42 of 2011)

Schedule 1  

Part 1   Remuneration

14   Paragraph 300A(1)(a)

Repeal the paragraph, substitute:

(a) discussion of board policy for determining, or in relation to, the nature and amount (or value, as appropriate) of remuneration of the key management personnel for:

(i) the company, if consolidated financial statements are not required; or

(ii) the consolidated entity, if consolidated financial statements are required; and