Document ID: chunk:federal_register_of_legislation:F2024L00795:reg:13
Version: federal_register_of_legislation:F2024L00795
Segment Type: reg
Provision Reference: reg 13
Character Range: 11747–12709

13  Remuneration
  A PEO's employing body must determine the value for the following components of the PEO's remuneration, consistently with this instrument:
 (a) total remuneration;
 (b) performance pay;
 (c) any allowances under Part 5.
Note 1: Under subsection 3A(4) of the Act, the Minister may fix the commencing remuneration for a principal executive office by giving a notice to the employing body. The employing body's initial determination of remuneration must be consistent with the notice.
Note 2: Under subsection 12C(2) of the Act, a PEO's employing body must not determine terms and conditions inconsistent with this instrument, unless the Tribunal provides written consent. The Tribunal intends to provide written advice to employing bodies each financial year setting out the extent to which any pay variations may occur without further consideration by the Tribunal, and provide consent for employing bodies to act in keeping with that advice.