Document ID: chunk:federal_register_of_legislation:C2004A01334:clause:5_11a
Version: federal_register_of_legislation:C2004A01334
Segment Type: clause
Provision Reference: sch 5 cl 11A
Character Range: 332734–333626

11A  After paragraph 300A(1)(b)
Insert:
 (ba) if an element of the remuneration of a director, secretary or senior manager is dependent on the satisfaction of a performance condition:
 (i) a detailed summary of the performance condition; and
 (ii) an explanation of why the performance condition was chosen; and
 (iii) a summary of the methods used in assessing whether the performance condition is satisfied and an explanation of why those methods were chosen; and
 (iv) if the performance condition involves a comparison with factors external to the company:
 (A) a summary of the factors to be used in making the comparison; and
 (B) if any of the factors relates to the performance of another company, of 2 or more other companies or of an index in which the securities of a company or companies are included—the identity of that company, of each of those companies or of the index; and