Date-stamp loading
Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 3 July 2016 - onwards
  Version 4 of 4    

96B. Disclosure rules: persons responsible for compliance

Omitted from 3 July 2016

(1) For the purposes of the provisions of this Part relating to disclosure rules, a "person discharging managerial responsibilities within an issuer" means -

(a) a director of an issuer falling within section 96A(1)(c)(i) or (ii); or

(b) a senior executive of such an issuer who -

(i) has regular access to inside information relating, directly or indirectly, to the issuer, and

(ii) has power to make managerial decisions affecting the future development and business prospects of the issuer.

(2) Schedule 11B (connected persons) has effect for the purposes of the provisions of this Part relating to disclosure rules.

Comparing proposed amendment...