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Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011

2010-2011

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

As passed by both Houses

 

 

 

 

 

 

 

 

 

Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011

 

No.      , 2011

 

 

 

 

 

A Bill for an Act to amend the law relating to corporations, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 1

Schedule 1—Amendment of the Corporations Act 2001                                3

Part 1—Remuneration                                                                                                   3

Part 2—Limits on number of directors                                                                20

Part 3—Voting by proxies as directed                                                                26

Part 4—Application provisions                                                                               29

 



A Bill for an Act to amend the law relating to corporations, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 .

2   Commencement

                   This Act commences on 1 July 2011.

3   Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.