Document ID: chunk:federal_register_of_legislation:F2023C00832:body:0:p8
Version: federal_register_of_legislation:F2023C00832
Segment Type: other
Provision Reference: 
Character Range: 17684–20624

(i) a unique identifier in relation to the holder that must be provided by the holder when making a payment using the facility and that is not provided by the issuer to the holder other than in the offer document; and
              (ii) a prominent statement to the effect that the holder, in applying for the shares or interests, represents to the issuer that the total of the application price for current and previous plan purchases does not exceed $30,000;
           (b) otherwise—the holder has, on application for the shares or interests, provided the issuer with a certificate to the effect that the total of the application price for current and previous plan purchases does not exceed $30,000.

           Note: The statement and certificate mentioned subparagraph (a)(ii) and paragraph (b) respectively in relation to the total of the application price for current and previous plan purchases must reflect the content of that definition.
(3) The issuer must not issue shares or interests under the purchase plan to a custodian with a total application price exceeding $30,000 in any 12 month period unless, on application for the shares or interests, the custodian certifies the following in writing to the issuer:
(a) either or both of the following:
              (i) that the custodian holds shares or interests in the class on behalf of one or more persons (each a participating beneficiary) that are not custodians;
              (ii) that another custodian (the downstream custodian) holds beneficial interests in shares or interests in the class on behalf of one or more other persons (each a participating beneficiary), and the custodian holds the shares or interests to which those beneficial interests relate on behalf of the downstream custodian or another custodian,
on the date referred to in paragraph (a) of the definition of purchase plan and that each participating beneficiary has subsequently given an instruction to apply for shares or interests on their behalf under the purchase plan to the following persons:
              (iii) where subparagraph (i) applies—the custodian; and
              (iv) where subparagraph (ii) applies—the downstream custodian;
(b) the number of participating beneficiaries;
(c) the name and address of each participating beneficiary;
(d) in respect to each participating beneficiary:
              (i) where subparagraph (a)(i) applies—the number of shares or interests in the class that the custodian holds on their behalf and the number or the dollar amount of shares or interests they instructed the custodian to apply for on their behalf; and
              (ii) where subparagraph (a)(ii) applies—the number of shares or interests in the class to which to the beneficial interests relate and the number or dollar amount of shares or interests they instructed the downstream custodian to apply for on their behalf;
(e) there are no participating beneficiaries in respect of