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International Law

: Australian Regulatory Compliance Review

Senate reports on director and executive termination payments

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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 in excess of 12 months base salary paid to company directors and executives should be passed.

Full post as published by Australian Regulatory Compliance Review on September 08, 2009 (boomark / email).

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