Public companies, listed companies and registered schemes must include additional information under subsections (10), (11), (12) and (13).

(2) Details do not have to be included in the directors' report under this section if they are included in the company's financial report for the financial year. (3) Paragraphs (1)(d), (e) and (f) cover:

(a)

options over unissued shares and interests of the company, registered scheme or disclosing entity; and

(b)

if consolidated financial statements are required—options over unissued shares and interests of any controlled entity that is a company, registered scheme or disclosing entity.

Options details

(5) The details of an option granted are:

(a)

the company, registered scheme or disclosing entity granting the option; and

(b)

the name of the person to whom the option is granted; and

(c)

the number and class of shares or interests over which the option is granted.

(6) The details of unissued shares or interests under option are:

(a)

the company, registered scheme or disclosing entity that will issue shares or interests when the options are exercised; and

(b)

the number and classes of those shares or interests; and

(c)

the issue price, or the method of determining the issue price, of those shares or interests; and

(d)

the expiry date of the options; and

(e)

any rights that option holders have under the options to participate in any share issue or interest issue of the company, registered scheme or disclosing entity or of any other body corporate or registered scheme.

Shares or interests issued as a result of exercise of option

(7) The details of shares or interests issued as a result of the exercise of an option are:

(a)

the company, registered scheme or disclosing entity issuing the shares or interests; and

(b)

the number of shares or interests issued; and

(c)

if the company, registered scheme or disclosing entity has different classes of shares or interests—the class to which each of those shares or interests belongs; and

(d)

the amount unpaid on each of those shares or interests; and

(e)

the amount paid, or agreed to be considered as paid, on each of those shares or interests.

Indemnities and insurance premiums for officers or auditors

(8) The report for a company must include details of:

(a)

any indemnity that is given to a current or former officer or auditor against a liability and that is covered by subsection 199A(2) or (3), or any relevant agreement under which an officer or auditor may be given an indemnity of that kind; and

(b)

any premium that is paid, or agreed to be paid, for insurance against a current or former officer's or auditor's liability for legal costs.

Note: Sections 199A and 199B contain general prohibitions against giving certain indemnities and paying certain insurance premiums. This subsection requires transactions that are exceptions to these prohibitions to be reported.

(9) The details required under subsection (8) are:

(a)

for an officer—their name or the class of officer to which they belong or belonged; and

(b)

for an auditor—their name; and

(c)

the nature of the liability; and

(d)

for an indemnity given—the amount the company paid and any other action the company took to indemnify the officer or auditor; and

(e)

for an agreement to indemnify—the amount that the relevant agreement requires the company to pay and any other action the relevant agreement requires the company to take to indemnify the officer or auditor; and

(f)

for an insurance premium—the amount of the premium.