Fine Tuning the Employee Share Scheme Rules

While much of the focus has been placed on the introduction of specific concessions in the Employee Share Scheme (ESS) legislation for start-up companies (defined as unlisted companies with under $50M turnover that have been incorporated for less than 10 years), there has also been some fine tuning made to other aspects of the ESS legislation generally that is worth noting as it will make the provision of equity to employees more appealing.

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