AUSTRALIAN CAPITAL TERRITORY

AGENTS REGULATIONS

EXLANATORY MEMORANDUM

No. 7 of 1973

	Section 11 of the Agents Ordinance 1968-1973 provides that the members of the Agents Board (with the exception of the Departmental Member) shall be paid such fees and allowances as the Minister determines.  In accordance with the principle that the actual amount of fees an allowances payable to members of statutory boards should be specified in regulations, provisions such as presently appear in section 11 are being deleted from the principal legislation.

	The fees and allowances provided in the regulations are similar to those payable to members of other Boards, Committees and Trusts operating in the Australian Capital Territory and accord with the scales laid down for part-time Boards appointed by the Australian Government generally.