Companies Act 2014 section 1087J

Application of Chapter

Section 1087J sets out the commencement dates for this Chapter, applying different timelines depending on when the applicable securities were issued.

• This Chapter applies to applicable securities issued after 1 January 2023 from that date onwards.
• For applicable securities issued on or before 1 January 2023, the Chapter applies from 1 January 2025.
• The phased introduction allows a two-year transition period for securities already in existence before the rules commenced.
• By 1 January 2025, all applicable securities, regardless of their issue date, are subject to the provisions of this Chapter.