Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A member must be paid such remuneration as is determined by the Remuneration Tribunal but, if no determination of that remuneration by the Tribunal is in operation, a member must be paid such remuneration as the Minister determines in writing.
(2) A member must be paid such allowances, and, subject to subsection (3), provided with such other benefits, as the Minister determines in writing.
(3) The benefits in respect of which the Minister may make a determination under subsection (2) are such benefits (including benefits by way of financial or other assistance in connection with housing, transport, insurance, long service leave and superannuation) as, in the Minister's opinion, are necessary or desirable to assist a member in, or place the member in a position that may facilitate, the performance of his or her functions.
(4) ASIC may reimburse a member for any loss or expenditure incurred by the member because of, or in the course of, the performance of his or her functions.
(5) This section has effect subject to the Remuneration Tribunal Act 1973 .