Document ID: chunk:federal_register_of_legislation:C2004A00401:clause:1_55ze
Version: federal_register_of_legislation:C2004A00401
Segment Type: clause
Provision Reference: sch 1 cl 55ZE
Character Range: 16619–17499

55ZE  Corporate governance requirements
 (1) The Attorney‑General and the Finance Minister (acting jointly) may, after consultation with the CEO, inform the CEO in writing of corporate governance arrangements that are to apply to the AGS.
 (2) If so informed, the CEO must ensure that the AGS complies with the arrangements.
 (3) Without limiting subsection (1), corporate governance arrangements may require the AGS:
 (a) to pay a dividend to the Commonwealth in respect of a period specified in the arrangements; or
 (b) to make a payment of a specified amount to the Commonwealth for the purpose of ensuring that the AGS does not enjoy net competitive advantages over its competitors by virtue of its public sector ownership.
 (4) The AGS must pay to the Commonwealth any amount required to be paid under this section.

Part VIIIC—Attorney‑General's Legal Services Directions