Commences on 1 July 2017Commences on 1 July 2017

Commences on 1 July 2017

<table cellspacing="0" cellpadding="0" style="margin-left:10.15pt; border-collapse:collapse"><tbody><tr style="height:36.25pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:0.5pt; margin-bottom:0.05pt; font-size:14.5pt"><span style="font-weight:bold"></span></p><p class="TableParagraph" style="margin-top:0.05pt; margin-left:5.25pt"><span style="font-weight:bold">Full-Time Office</span></p></td><td colspan="2" style="width:119.75pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:0.5pt; margin-bottom:0.05pt; font-size:14.5pt"><span style="font-weight:bold"></span></p><p class="TableParagraph" style="margin-top:0.05pt; margin-left:27.2pt"><span style="font-weight:bold">Base Salary</span></p></td><td colspan="2" style="width:100.4pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.05pt; margin-left:10.65pt; text-indent:25.65pt"><span style="font-weight:bold">Total </span><span style="font-weight:bold">Remuneration</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:0.5pt; margin-bottom:0.05pt; font-size:14.5pt"><span style="font-weight:bold"></span></p><p class="TableParagraph" style="margin-top:0.05pt; margin-left:20.55pt"><span style="font-weight:bold">Travel Tier</span></p></td></tr><tr style="height:24.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:5.25pt"><span>Deputy President</span></p></td><td colspan="2" style="width:119.75pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:35.95pt"><span>$348,410</span></p></td><td colspan="2" style="width:100.4pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:26.35pt"><span>$477,270</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:24.05pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Senior Member</span></p></td><td colspan="2" style="width:119.75pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:35.95pt"><span>$275,000</span></p></td><td colspan="2" style="width:100.4pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:26.35pt"><span>$376,710</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:24.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:5.25pt"><span>Member</span></p></td><td colspan="2" style="width:119.75pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:35.95pt"><span>$231,360</span></p></td><td colspan="2" style="width:100.4pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:26.35pt"><span>$317,110</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6.1pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:13.15pt"><td colspan="7" style="width:486pt; border:0.75pt solid #000000; vertical-align:top; background-color:#808080"><p class="TableParagraph" style="margin-top:0pt; font-size:9pt"><span style="font-family:'Times New Roman', serif"></span></p></td></tr><tr style="height:36.3pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:11.8pt; margin-left:5.25pt"><span style="font-weight:bold">Part-Time Office – Annual Fees</span></p></td><td style="width:79.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:12.65pt; margin-left:25.3pt; text-indent:-11.55pt"><span style="font-weight:bold">1 day per week</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:9.55pt; margin-left:25.4pt; text-indent:-14.4pt"><span style="font-weight:bold">2 days per week</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:9.55pt; margin-left:25.4pt; text-indent:-14.4pt"><span style="font-weight:bold">3 days per week</span></p></td><td style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:9.5pt; margin-left:25.45pt; text-indent:-14.4pt"><span style="font-weight:bold">4 days per week</span></p></td></tr><tr style="height:24.1pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Deputy President</span></p></td><td style="width:79.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:18.1pt; margin-left:18.25pt; text-align:center"><span>$81,140</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$162,280</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$243,420</span></p></td><td style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:14.8pt; margin-left:15.3pt; text-align:center"><span>$324,560</span></p></td></tr><tr style="height:24.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Senior Member</span></p></td><td style="width:79.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:18.1pt; margin-left:18.25pt; text-align:center"><span>$64,050</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$128,100</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$192,150</span></p></td><td style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:14.8pt; margin-left:15.3pt; text-align:center"><span>$256,200</span></p></td></tr><tr style="height:24.05pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Member</span></p></td><td style="width:79.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:18.1pt; margin-left:18.25pt; text-align:center"><span>$53,910</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$107,820</span></p></td><td colspan="2" style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:16.3pt"><span>$161,730</span></p></td><td style="width:80pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:14.8pt; margin-left:15.3pt; text-align:center"><span>$215,640</span></p></td></tr><tr style="height:14.5pt"><td colspan="7" style="width:486pt; border:0.75pt solid #000000; vertical-align:top; background-color:#808080"><p class="TableParagraph" style="margin-top:0pt; font-size:9pt"><span style="font-family:'Times New Roman', serif"></span></p></td></tr><tr style="height:36.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:22.7pt; margin-left:5.25pt"><span style="font-weight:bold">Part-Time Office – Daily Fees</span></p></td><td colspan="4" style="width:220.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:0.45pt; font-size:9.5pt"><span style="font-weight:bold"></span></p><p class="TableParagraph" style="margin-top:0pt; margin-right:84.95pt; margin-left:84.95pt; text-align:center"><span style="font-weight:bold">Daily fee</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:0.45pt; font-size:9.5pt"><span style="font-weight:bold"></span></p><p class="TableParagraph" style="margin-top:0pt; margin-left:20.55pt"><span style="font-weight:bold">Travel Tier</span></p></td></tr><tr style="height:24.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Deputy President </span><span style="font-size:6.5pt; vertical-align:3.5pt">(1) (2)</span></p></td><td colspan="4" style="width:220.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:84.75pt; margin-left:84.95pt; text-align:center"><span>$1,609</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:24.1pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span>Senior Member </span><span style="font-size:6.5pt; vertical-align:3.5pt">(1) (2)</span></p></td><td colspan="4" style="width:220.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:84.75pt; margin-left:84.95pt; text-align:center"><span>$1,273</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:24.2pt"><td style="width:163.1pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:5.25pt"><span style="vertical-align:-3.5pt">Member </span><span style="font-size:6.5pt">(1) (2)</span></p></td><td colspan="4" style="width:220.9pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-right:84.75pt; margin-left:84.95pt; text-align:center"><span>$1,069</span></p></td><td colspan="2" style="width:100.5pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin-top:6pt; margin-left:0.4pt; text-align:center"><span>1</span></p></td></tr><tr style="height:66.6pt"><td colspan="7" style="width:486pt; border:0.75pt solid #000000; vertical-align:top"><p class="TableParagraph" style="margin:6.1pt 23pt 6pt 23.15pt; text-indent:-17.9pt; font-size:8pt"><span><span style="letter-spacing:-0.05pt">(1)</span></span><span style="font:7pt 'Times New Roman'"> </span><span>For part-time office holders a minimum annual payment of ten times the daily fee applies, whether the office holder receives a fee based on daily rates or on hourly rates (under</span><span style="letter-spacing:-0.7pt"> </span><span>2.4).</span></p><p class="TableParagraph" style="margin-top:6pt; margin-right:7.75pt; margin-left:23.25pt; text-indent:-18pt; font-size:8pt"><span><span style="letter-spacing:-0.05pt">(2)</span></span><span style="font:7pt 'Times New Roman'"> </span><span>In addition to fees specified a part-time member shall be paid a cancellation fee equivalent to 50 per cent of one day’s fee where all of a day’s work is cancelled with fewer than 5 working days’ notice (this includes the circumstance where a hearing does not proceed on a day on which a member has</span><span style="letter-spacing:-1.2pt"> </span><span>attended).</span></p></td></tr><tr style="height:0pt"><td style="width:163.85pt"></td><td style="width:80.65pt"></td><td style="width:39.85pt"></td><td style="width:40.9pt"></td><td style="width:60.25pt"></td><td style="width:20.5pt"></td><td style="width:80.75pt"></td></tr></tbody></table>