The President's Club Limited 02 - New Interim Orders on Disposal

The Panel has previously made interim orders regarding (among other things) disposal of the shares in The President's Club Limited held by Coeur de Lion Investments Pty Ltd and its associated parties (see TP15/50). The orders were made in response to an application for interim orders dated 4 September 2015 by the Australian Securities and Investments Commission.

Affinity Education Group Limited

Introduction

  1. The Panel, Geoff Brunsdon (Sitting President), Elizabeth Bryan AM and Karen Evans-Cullen, made a declaration of unacceptable circumstances in relation to the affairs of Affinity Education Group Limited. The application concerned contraventions of s606, the substantial holding provisions and beneficial interest provisions by G8 and parties alleged to be associated with G8.