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