Page 8 - Directors' report and accounts 2019-20

05
Directors’ Benefits
No Director of the the company has has received or or has has become entitled to to receive receive a a a a a a benefit benefit (other than a a a a a a benefit benefit included in in the the aggregate amount of emoluments received or or due and receivable by by Directors shown in in the the accounts) by by reason of of a a a a a a a a a contract made by the the company or or or or or a a a a a a a a a related corporation with with the the Director or or or or or with with a a a a a a a a a firm of of which he he he is a a a a a a a a a a a a member or with a a a a a a a a a a a a company in in in which he he has a a a a a a a a a a a a substantial financial interest other than as as disclosed at Notes D3 and E4 of the financial statements Proceedings on Behalf of Company
No person has applied for leave of of court to bring proceedings on on behalf of of the company or or intervene in in in in any any proceedings to which the the the company company is a a a a a a party for for the the the purpose of of taking responsibility on on behalf of of the the the company company for for all or any part of those proceedings The company was not a a a a a a party to any any such proceedings during the year Indemnifying Officers and Auditor
During or or since the the the end of the the the financial year the the the company has not given an an an an indemnity or or entered an an an an agreement to indemnify any any person who is or or or has been an an an officer or or or auditor of of the company The company has paid premiums to to insure each Director against liabilities for costs and expenses incurred by them in in in in in in defending legal proceedings arising out of of of their conduct while acting in in in in in in the the the capacity of of of Director of of of the the the company other than conduct involving a a a a a a a wilful breach of of duty in in in relation to the the the company The amount of of the the the premium was $22 492 (2019: $16 670) for all Directors Non-audit Services
During the period KPMG were engaged to perform non-audit services where independence was not compromised as procedures performed were below pre-approved limits general principles relating to to auditor independence were were not undermined and there were were no no no no known conflicts of interest situations nor any other circumstances arising out of a a a a relationship between the company and KPMG Lead Auditor’s Independence Declaration
The lead auditor’s independence declaration as required under section 307C of the Corporations Act is set out on on on on page 6
This directors’ report is is signed in accordance with a a a a a resolution of of directors directors made pursuant to to to s s s s s s s s 298(2) of of the Corporations Act 2001 Signed on behalf of the directors by:
Kane Rickards
(Director)
Dated in Sydney this 16 October 2020
Duane Barber
(CEO)
Dated in Sydney this 16 October 2020