Document ID: chunk:federal_register_of_legislation:F2023L00990:clause:1_16
Version: federal_register_of_legislation:F2023L00990
Segment Type: clause
Provision Reference: sch 1 cl 16
Character Range: 28998–31196

16                     If an amount attributable to the service of a member for the most recently completed financial year is paid to an organisation or entity rather than to the member—each such member                                                                                       Both of the following:
                                                                                                                                                                                                                                                                                                 (a) the amount;
                                                                                                                                                                                                                                                                                                 (b) the name of the organisation or entity

 (2) If:
 (a) a member of the key management personnel receives a payment, benefit or compensation from a related party of the registrable superannuation entity; and
 (b) all or part of the payment, benefit or compensation relates to work performed for the registrable superannuation entity;
then, to the extent that the payment, benefit or compensation relates to that work, the table applies to the payment, benefit or compensation in the same way as if it were paid or given by the registrable superannuation entity.
 (3) The details referred to in item 14 or 15 of the table must be separated into each class of equity instrument, and each class of equity instrument must be identified by:
 (a) the name of the issuing entity; and
 (b) the class of equity instrument; and
 (c) if the instrument is an option or right—the class and number of equity instruments for which it may be exercised.

Accounting standards apply to the reporting of prescribed details
 (4) The details are to be determined in accordance with the requirements of any relevant accounting standards.
 (5) If an expression used in the table, or in subregulation (2) or (3), is defined in a relevant accounting standard, the expression has the meaning given by the standard.