GRG Remuneration Insight 69
by Denis Godfrey & James Bourchier
- 28 February 2015
A change of control occurs when an individual or group acquires control when they did not previously have it. While this definition of control seems to flow from the Corporations Act, many STI and LTI plan rules to have a differently constructed, and narrower, definition which may place limits on the board’s capacity to handle these events.