Transcription of ASX Listing Rules Chapter 10 - Transactions with …
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Chapter 10 Transactions with persons in a position of influence + See Chapter 19 for defined terms 1 July 2014 Page 1001 Chapter 10 Transactions with persons in a position of influence Table of Contents The main headings in this Chapter Rules Acquisition and disposal of assets - Acquisition of securities in the entity - Payments to directors - Termination benefits Explanatory note This Chapter deals with Transactions between an entity (including its +child entities) and persons in a position to influence the entity. Transactions covered by this Chapter include +acquiring and +disposing of substantial assets by the entity, and +acquiring +securities in the entity. The Chapter also deals with participation by directors (and persons associated with directors) in +employee incentive schemes and in underwriting +dividend or distribution plans, payments to directors and termination benefits. Acquisition and disposal of assets Approval required for certain acquisitions or disposals An entity (in the case of a trust, the responsible entity) must ensure that neither it, nor any of its +child entities, +acquires a substantial asset from, or +disposes of a substantial asset to, any of the following + persons without the approval of holders of the entity s +ordinary securities.
Chapter 10 Transactions with persons in a position of influence + See chapter 19 for defined terms . 1 July 2014. Page 1002 . What is a substantial asset?
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