45Chief Executive Officer Employment and Remuneration Policy

45 Chief Executive Officer Employment and Remuneration Policy (1) A Council must develop, adopt and keep in force a Chief Executive Officer Employment and Remuneration Policy. (2) A Chief Executive Officer Employment and Remuneration Policy must— (a) provide for the Council to obtain independent professional advice in relation to the matters dealt with in the Chief Executive Officer Employment and Remuneration Policy; and (b) provide for the following— (i) the recruitment and appointment process; (ii) provisions to be included in the contract of employment; (iii) performance monitoring; (iv) an annual review; and (c) include any other matters prescribed by the regulations. (3) A Council must have regard to— (a) any statement of policy issued by the Government of Victoria which is in force with respect to its wages policy (or equivalent); and (b) any Determination that is currently in effect under section 21 of the **Victorian Independent Remuneration Tribunal and Improving Parliamentary Standards Act 2019** in relation to remuneration bands for executives employed in public service bodies— in developing the Chief Executive Officer Employment and Remuneration Policy. (4) A Council must adopt the first Chief Executive Officer Employment and Remuneration Policy under this section within 6 months of the commencement of this section.