Offers for no monetary consideration
An offer for the issue or transfer of ESS interests of a body corporate or registered scheme to ESS participants in connection with an employee share scheme is covered by this section if: (a) no monetary consideration is to be provided for the issue or transfer of the interests; and (b) if the offer is of options or incentive rights—no monetary consideration is to be provided on the exercise of the options or rights; and (c) any trust that may issue or transfer ESS interests under the scheme meets the requirements in section 1100S; and (d) the offer meets any requirements prescribed in the regulations for the purposes of this paragraph.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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