- 16 Sep 2015
- House of Representatives
- Not Proceeding
- Amends the
Superannuation Industry (Supervision) Act 1993 to require trustees of registrable superannuation entity licensees to have a minimum of one-third independent directors and an independent chair on their boards; and make consequential amendments; and the
Governance of Australian Government Superannuation Schemes Act 2011 to restructure the board of the Commonwealth Superannuation Corporation by reducing the number of directors from eleven to nine and providing for the majority of the directors to be independent.