Materiality Guidelines Sample Clauses

Materiality Guidelines. In determining whether information is material and, therefore, should be reported, the Board will determine quantitative material guidelines having regard to the then current financial position and performance of the Company as well as qualitative material guidelines. Whether a matter is material needs to be considered from both a quantitative viewpoint (eg a claim for more than a specified amount) and a qualitative viewpoint (eg if it could adversely affect the reputation of the Company). Matters may be material having regard to the materiality guidelines and should be immediately reported to the Company Secretary. If there is any doubt as to whether a matter is material then the matter should nevertheless immediately be notified to the Company Secretary for further consideration.
Sample 1
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Materiality Guidelines. Whether a matter is material (and therefore should be reported) needs to be considered from both a quantitative viewpoint (eg a claim for more than a specified amount) and a qualitative viewpoint (eg if it could adversely affect the reputation of the Company). The Board will determine qualitative and quantitative material guidelines having regard to the financial position and performance of the Company. Matters that are material should be immediately reported to the Company Secretary. If there is any doubt as to whether a matter is material, the matter should also be notified to the Company Secretary for further consideration.
Sample 1

Related to Materiality Guidelines

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