The Panel, Peter Day (sitting President), Lee Dewhirst and Michelle Jablko, declined to conduct proceedings on an application by KBL Mining Limitedin relation to its affairs. The application concerned contraventions of the substantial holder provisions following a sale of KBL Mining shares and the effect on control of KBL Mining.
Following the release of further information to the market, the Panel has declined to conduct proceedings on an application dated 9 January 2015 from KBL Mining Limited in relation to its affairs.
The Panel today published the reasons for the President's decision declining to consent to a review from the decision of the sitting Panel in Careers Australia Group Limited 03.
The President of the Panel, Vickki McFadden, declined to consent to a review application being made in response to the initial Panel declining to conduct proceedings in Careers Australia Group Limited 03 [2015] ATP 1.
In these reasons, the following definitions apply.
Applicants
Jiggi Investments Pty Ltd ATF Company Executive Superannuation Fund, Wayburn Holdings Pty Ltd, Vernon and Jillaine Wills ATF the Wills Family Super Fund, Vernon Wills and Jillai
The President has consented to a request by Australian Securities and Investments Commission to withdraw its application to the Panel dated 12 January 2015 in relation to the affairs of PAYCE Consolidated Limited.
The Panel today published the reasons for its decision on an application dated 23 December 2014 from Jiggi Investments Pty Ltd and others in relation to the affairs of Careers Australia Group Limited.
The President of the Panel has made interim orders in response to an application for interim orders dated 12 January 2015 by ASIC in relation to the affairs of PAYCE Consolidated Limited.