Australian Securities and Investments Commission
• All Authorisations provided by the Treasurer or Assistant Treasurer authorising ASIC officials to determine claims under the Compensation for Detriment Caused by Defective Administration Scheme…
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• All Authorisations provided by the Treasurer or Assistant Treasurer authorising ASIC officials to determine claims under the Compensation for Detriment Caused by Defective Administration Scheme (CDDA Scheme) since the establishment of the Scheme in 1995; • Extracts from each ASIC Annual Report since 1995 showing the total amount of compensation paid under the CDDA Scheme
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The release contains two Treasurer authorisations (2013 under Arthur Sinodinos and 2015 under Josh Frydenberg) empowering specified ASIC officers, including the Chief Executive, Chief Financial Officer, Chief of Operations and Financial Controller, to make decisions and approve payments under the Compensation for Detriment Caused by Defective Administration (CDDA) Scheme. It also includes extracts from ASIC annual reports for 2008–09, 2009–10, 2014–15 and 2015–16 reporting CDDA payments: $38,024.66 in 2008–09 (total, no breakdown), $6,236.10 to Saltronix Pty Ltd in 2009–10, $6,655 in 2014–15 and $5,935 in 2015–16, each a single payment. The extracts are largely procurement, advertising and statutory reporting material, with no investigations, enforcement actions or misconduct findings disclosed. The release does not cover the full 1995 to present period requested.
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