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As listed entities navigate the issues and challenges at this time, they should, as always, diligently act to mitigate the risks of insider trading, which may be enhanced in this dynamic and uncertain environment. vintage angus cattle knowledge poster However, there remains a number of practical reasons why disclosing entities and their directors and officers must continue to exercise caution in relation to their continuous disclosure obligations, including that the modifications do not apply to other market misconduct rules including misleading and deceptive conduct rules, and the unmodified standard continues to apply for certain criminal offences. Accordingly, we think that in practice there is unlikely to be any practical change to existing continuous disclosure policies and practices.
There have also been temporary amendments to the continuous disclosure laws under the Corporations Act. See Allens’ Insight on these temporary amendments for more information. the performance of work outside an employee’s classification level is permitted. leave entitlements continue to accrue based on the employee’s existing (pre-variation) ordinary hours of work, even if their hours are reduced. Any such direction must be reasonable and, in each case, specific requirements will apply, including providing the employee with advance notice. This may be different where an employee has contracted COVID-19 as a result of exposure at the workplace. monitor, assess and take steps to mitigate the risks that COVID-19 poses to health and safety of workers in their workplace. agree with an eligible employee to change their work days or take annual leave . Eligible businesses can access a wage subsidy of $1,500 per fortnight for each eligible employee from 30 March 2020.
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