Senate reports on director and executive termination payments

The Senate Economics Committee has published its report on the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009.

The Committee recommended that the Bill which lowers the threshold for shareholder approval for termination payments to amounts in excess of 12 months base salary paid to company directors and executives should be passed.

Print Friendly, PDF & Email

Your Compliance Support Plan

We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.