The Bill re-establishes the Higher Salaries Commission.

The Higher Salaries Commission will act as an independent central coordination mechanism for the determination of salaries of top executive positions in government-controlled companies, statutory organisations, and authorities.

The Commission was previously established in 1983 under the Higher Salaries Commission Act to consider and determine the salaries of chief executive officers of public enterprises, statutory bodies, and municipal councils.

The Act was amended in 2011 and the Commission was abolished.

Cabinet approved the Bill subject to a few amendments to be undertaken by the Office of the Solicitor General before it is tabled in Parliament.