Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:3_187
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 3 cl 187
Character Range: 569497–570355

187  Section 9
Insert:

remuneration of an officer or employee of a corporation. A benefit given to an officer or employee of a corporation is remuneration if and only if the benefit, were it received by a director of the corporation, would be remuneration of the director for the purposes of an accounting standard that deals with disclosure in companies' financial reports of information about related parties. For the purposes of this definition, the following are not officers of a corporation:
 (a) a receiver, or receiver and manager, of the property of the corporation
 (b) an administrator of the corporation
 (c) an administrator of a deed of company arrangement executed by the corporation
 (d) a liquidator of the corporation
 (e) a trustee or other person administering a compromise or arrangement made between the corporation and someone else.