AUSTRALIAN CAPITAL TERRITORY

AMENDMENTS OF COMPANIES AUDITORS BOARD REGULATIONS

EXPLANATORY MEMORANDUM

No. 8 of 1974

	Regulation 4 of the Companies Auditors Board Regulations prescribes the rates of fees and allowances payable to members of the Board for attending meetings and travelling to perform business of the Board.

2.	This regulation remakes regulation 4 so as to bring these fees and allowances into line with the current schedule of fees and allowances determined by the Higher Salaries Committee of Cabinet in respect of members of part-time boards.