Corporate Governance · glossary
Adding related deals together to test a threshold. Deals with the same counterparty for the same purpose, or for one project, in any twelve months count as one matter. That stops a project being bought in pieces to stay under a figure. Charter §2.2 · Chapter 2 · see Exceeding
Explained in Chapter 2, Matters Reserved and Delegation, of Corporate Governance.
The third rule is called aggregation. It adds up deals with the same counterparty (the other side of the deal) for the same purpose, and deals that form part of one project. The matter is reserved as soon as the total exceeds the threshold.Read Chapter 2, Matters Reserved and Delegation →
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This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Corporate Governance → · All terms A–Z →