Document ID: chunk:federal_register_of_legislation:C2013A00073:clause:6a_7
Version: federal_register_of_legislation:C2013A00073
Segment Type: clause
Provision Reference: sch 6A cl 7
Character Range: 67501–68122

7  Item 57 of Schedule 1 (after new subsection 148C(2))
Insert:
 (2A) Subsections (1) and (2) do not apply to a payment made to a related party if:
 (a) the related party is an officer of the organisation or the branch (as the case may be); and
 (b) the payment:
 (i) consists of remuneration paid to the officer by the organisation or the branch (as the case may be); or
 (ii) is reimbursement for expenses reasonably incurred by the officer in performing the officer's duties as an officer.
Note: Under section 148A the rules of the organisation or branch must require certain disclosures in relation to remuneration.