Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 (42 of 2011)
Schedule 1
Part 1 Remuneration
1 Section 9
Insert:
closely related party of a member of the key management personnel for an entity means:
(a) a spouse or child of the member; or
(b) a child of the members spouse; or
(c) a dependant of the member or of the members spouse; or
(d) anyone else who is one of the members family and may be expected to influence the member, or be influenced by the member, in the members dealings with the entity; or
(e) a company the member controls; or
(f) a person prescribed by the regulations for the purposes of this paragraph.