Part 4Crown entity reporting and financial obligations
Reporting obligations: Reporting: annual report
152Disclosure of payments in respect of members, committee members, and employees
The annual report must include, in respect of the Crown entity
,—- for each member, the total value of the remuneration (other than compensation or other benefits referred to in paragraph (d)) paid or payable to the member in his or her capacity as a member from the entity
during that financial year; and - for each committee member who is not a board member or an employee, the total value of the remuneration (other than compensation or other benefits referred to in paragraph (d)) paid or payable to the member in his or her capacity as a committee member from the entity
during that financial year; and - the number of employees to whom, during the financial year, remuneration (other than compensation or other benefits referred to in paragraph (d)) was paid or payable in their capacity as employees, the total value of which is or exceeds $100,000 per annum, and the number of those employees in brackets of $10,000; and
- the total value of any compensation or other benefits paid or payable to persons who ceased to be members, committee members, or employees during the financial year in relation to that cessation and the number of persons to whom all or part of that total was paid or payable; and
- details of any indemnity provided by the entity during the financial year to any member, office holder, or employee; and
- details of any insurance cover effected by the entity during the financial year in respect of the liability or costs of any member, office holder, or employee.
Despite section 156A, the annual report of a Crown entity that has 1 or more subsidiaries must include the information specified in subsection (1) in respect of each subsidiary as well as in respect of the Crown entity.
In subsection (1), member and office holder and employee include a person who was a member or office holder or employee at any time after the commencement of this Act but who is no longer a member, office holder, or employee.
Notes
- Section 152(1): amended, on , by section 62(1) of the Crown Entities Amendment Act 2013 (2013 No 51).
- Section 152(1)(a): amended, on , by section 62(2) of the Crown Entities Amendment Act 2013 (2013 No 51).
- Section 152(1)(b): amended, on , by section 62(3) of the Crown Entities Amendment Act 2013 (2013 No 51).
- Section 152(1A): inserted, on , by section 62(4) of the Crown Entities Amendment Act 2013 (2013 No 51).


