Commonwealth Numbered Regulations

1980 No. 5 NATIONAL COMPANIES AND SECURITIES COMMISSION REGULATIONS - SCHEDULE 2

SCHEDULE 2
Regulation 9
Witnesses' Fees and Travelling Expenses

1. A person who attends at a hearing before the Commission to give evidence
because of his professional, scientific or other special skill or knowledge
shall be paid a fee of not less than $45 and not more than $250, for each day
on which he so attends.

2. A person, other than a person referred to in Item 1 of this Schedule, who
attends at a hearing before the Commission to give evidence or to produce
documents shall be paid-

   (a)  if he is remunerated by wages, salary or fees-

        (i)    a fee equal to the amount of wages, salary or fees lost by
               reason of his so attending; or

        (ii)   a fee of $50 for each day on which he so attends,

whichever is the less; or

   (b)  if he is not so remunerated-a fee of $30 for each day on which he so
        attends.

3. A person attending at a hearing before the Commission to give expert
evidence shall be paid, in addition to any other fee payable to him under Item
1 or 2 of this Schedule, a reasonable amount for qualifying to give that
evidence.

4. A person attending at a hearing before the Commission to give evidence or
to produce documents shall be paid a reasonable amount-

   (a)  in respect of his conveyance to and from the place at which he so
        attends; and

   (b)  if he is required to be absent overnight from his usual place of
        residence-for meals and accommodation.

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