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Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director (whether executive or otherwise) of that …

Government refers to government, government agencies and similar bodies whether local, national or international. …

A government-related entity is an entity that is controlled, jointly controlled or significantly influenced by a government. …

The following terms are also used in this Standard with the meaning specified. …

Director means: (a)             a person who is a director under the Corporations Act; and (b)             in the case of entities governed by bodies not called a board of directors, a person who, regardless of the name that is given to the position, is …

Remuneration is compensation as defined in this Standard. …

Although the defined term ‘compensation’ is used in this Standard rather than the term ‘ remuneration ’, both words refer to the same concept and all references in the Corporations Act to the remuneration of directors and executives is taken as referring …

[Deleted by the AASB] …

The following terms are also used in this Standard with the meaning specified. …

A not-for-profit entity is an entity whose principal objective is not the generation of profit. A not-for-profit entity can be a single entity or a group of entities comprising the parent and each of the entities that it …