GuerdonNews® Special Edition

5 May 2009


Welcome to this special edition of GuerdonNews®

Draft Australian executive termination payment laws released

The Minister for Superannuation and Corporate Law, Senator Nick Sherry, has released an exposure draft of the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009, associated regulations and draft commentary to explain the amendments. The Bill will give effect to the Government’s announcements in its March press releases on the payment of termination benefits to company directors and executives.

But, as we indicated may be the case in earlier news articles, the legislation has some problems.


The information, analysis and opinion in this e-mail and attachments are intended to be for informational purposes only. Analyses are based on information taken from public documents or private surveys, and we do not represent to its accuracy. Guerdon Associates assumes no liability for the use or interpretation of information contained herein. This publication is provided 'as is' without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of marketability, fitness for a particular purpose, or non-infringement of third party rights.

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ISSN 1834-8300