Highest paid officers and board member officers of an organisation
745 Highest paid officers and board member officers of an organisation
For this division—
if an organisation has fewer than 5 officers in a financial year—all of the officers of the organisation are the highest paid officers of the organisation for the year; and
if an organisation has 5 or more officers in a financial year—the 5 most highly paid officers of the organisation for the year are the highest paid officers of the organisation for the year; and
an officer of an organisation is a board member officer of the organisation if the officer is a member of a board and—
the membership is a function of the officer’s office with the organisation; or
the organisation nominated the officer to be a member of the board.
For subsection (1)(b), an officer of an organisation is more highly paid than another officer of the organisation for the initial year or a financial year if the first officer is paid more remuneration for the year than the other officer.
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