Public Governance, Performance and Accountability Rule 2014

CHAPTER 2 - COMMONWEALTH ENTITIES AND THE COMMONWEALTH  

PART 2-3 - PLANNING, PERFORMANCE AND ACCOUNTABILITY  

Division 3A - Annual report for Commonwealth entities  

Subdivision C - Information about executive remuneration  

SECTION 17CB   INFORMATION ABOUT REMUNERATION FOR SENIOR EXECUTIVES  

17CB(1)    
For the purposes of paragraphs 17AD(da) and 17BE(ta) , this section sets out requirements for information about executive remuneration for senior executives that is to be included in the annual report for a reporting period.

17CB(2)    
For the senior executives of the entity, the following must be included:

(a)    the total remuneration bands for the senior executives;

(b)    for the senior executives within each band, the following:

(i) the number of senior executives;

(ii) average base salary;

(iii) average bonuses;

(iv) average other benefits and allowances;

(v) average superannuation contributions (made by the entity);

(vi) average long service leave;

(vii) average other long-term benefits;

(viii) average termination benefits;

(ix) average total remuneration, which must be the sum of the amounts included for the purposes of subparagraphs (ii) to (viii) .

17CB(3)    
A total remuneration band for the senior executives is:

(a)    if the total remuneration for a member of the entity ' s senior executives for the reporting period is $220,000 or less - the band $0 to $220,000; or

(b)    if the total remuneration for a member of the entity ' s senior executives for the reporting period is more than $220,000 - the band of one or more increments of $25,000 above $220,000 into which the remuneration falls.

17CB(4)    
The information must be included in the annual report in the form set out in clause 2 of Schedule 3 .