verswinmi.cf

Class order 14/632


2019-12-11 08:27 15RU009 KMP disclosures Class Order extended This Reporting Update advises of ASIC's extension to the application of Class Order CO Key management personnel equity instrument disclosures in the preparation of remuneration reports in relation to financial years ending on or

Class Order, effective from 30 June 2014 still effective Option related disclosures in the remuneration report will change from amendments to the Corporations Act 2001 see 15RU002 Corporations Act 2001 amended effective now. class order 14/632 Class Order still effective. Note that option related disclosures in the remuneration reports of entities who have not prepared a remuneration report since 19 March 2015 will change from amendments to the Corporations Act 2001.

ASIC Class Order CO no longer required to be applied for financial years ending on or after 16 April 2016. class order 14/632

Notes to ASIC Class Order [CO Note 1 ASIC Class Order [CO (in force under s 341(1) of the Corporations Act 2001 ) as shown in this compilation comprises that Class Order amended as indicated in the tables below. As an interim measure, the Australian Securities and Investments Commission (ASIC) issued Class Order to clarify that only shares held by KMPs in the disclosing entity itself (or its subsidiaries) need be disclosed. This class order also required the disclosures in relation to the equity instruments to be separated into each class of equity instrument because this was omitted when the Regulation was the regulations, and will make the temporary relief provided by ASIC Class Order superfluous. For example, without these amendments and the ASIC relief, key management personnel would have had to disclose all of their shareholdings in the remuneration report, including any shares held in completely unrelated entities. class order 14/632 Additional disclosures relating to key management personnel In accordance with Class Order, issued by the Australian Securities and Investments Commission, relating to 'Key management Withdrawal of Class Order Key management personnel equity instrument disclosures Class Order has been withdrawn for financial years ending on or after 17 April 2016 because this is the commencement date of the updated Regulation. ASIC had issued Class Order CO Key management personnel equity instrument disclosures (CO ) to mitigate any unintended consequences of the drafting oversights. The Corporations Regulations now reflect the original intended wording. Class Order [CO provides relief in relation to certain key management personnel equity instrument disclosures in a directors' report. MR (issued ) Our proposed class order relief and guidance is set out in a draft class order and draft regulatory guide attached to this paper. MR. Attachment 1 to CP 220: Draft CO.



Gallery Class order 14/632