Corporate Governance · glossary
A director, a member of a director's family, a shareholder with more than 10% of the shares, or any company or trust one of them owns or controls. Any deal with one is a Matter Reserved at any value. Holroyd Packaging, owned by the chief executive's husband, is one. Definition: Related Party · Charter §5.5 · Schedule A, item 6 · Chapter 2 · Chapter 4
Explained in Chapter 2, Matters Reserved and Delegation, of Corporate Governance.
A Related Party is a director, a member of a director's family, or a shareholder with more than 10% of the shares. It also covers any company, partnership or trust that one of them owns, controls or is a trustee of. Item 6 has no figure because the question is whether the deal is fair, not how big it is.Read Chapter 2, Matters Reserved and Delegation →
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a director of the Company; a member of a director's family; a shareholder holding more than 10% of the Company's shares; and any company, partnership or trust which any of them owns, controls or is a trustee of.Read the definition in the document →
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