just google SPP rules. didn't take me long to find it and see...

just google SPP rules. didn't take me long to find it and see that my interpretation is wrong.

Computershare's interpretation was how I had originally thought it was BUT the rules i read said you can't take up more than total $15000 on your own, in partnership or as a custodian or beneficiary.

To help you here is the link to the ASIC policy http://download.asic.gov.au/media/1240637/rg125a.pdf and read pages 7 & 8 & 9.

Where two or more persons are recorded in the register of members as jointly holding shares in the company, they are taken to be a single registered holder for the purpose of relief and any offer should be made to them jointly.

The issuer must also be reasonably satisfied that, in any 12-month period, the total application price of the shares issued to any beneficial owner is not more than $15,000 (excluding shares applied for by the custodian on behalf of a beneficiary but not issued), whether those shares are issued to the beneficiary in their own rights as a registered holder, or to the custodian.

I'm not stressing about it.