Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 235AA

Remuneration and allowances

  (1)   A member of the FRC is to be paid the remuneration that is determined by the Remuneration Tribunal. If no determination of that remuneration by the Tribunal is in operation, the member is to be paid such remuneration as the Minister determines in writing.

  (2)   A member of the FRC is to be paid such allowances as the Minister determines in writing.

  (3)   Subsections   (1) and (2) have effect subject to the Remuneration Tribunal Act 1973 .

Leave--full - time members

  (4)   A full - time member of the FRC has the recreation leave entitlements that are determined by the Remuneration Tribunal.

  (5)   The Minister may grant a full - time member of the FRC leave of absence, other than recreation leave, on such terms and conditions as to remuneration or otherwise as the Minister determines.

Other terms and conditions

  (6)   A member of the FRC holds office on the terms and conditions (if any) in relation to matters not covered by this Act as the Minister determines in writing.