55Annual limit on Ministerial salaries

55 Annual limit on Ministerial salaries

(1) The annual sum payable under section 66 of the Constitution for Ministerial salaries must not exceed the following amount in a financial year: (a) $5,000,000; (b) if a higher amount, or a method for working out a higher amount, is prescribed by the regulations—that higher amount. (2) Despite subsection 14(2) of the Legislation Act 2003, the regulations may provide in relation to a matter by applying, adopting or incorporating, with or without modification, any matter contained in any determination or report of the Remuneration Tribunal under this Act as in force or existing from time to time.