Subject Title - INSETA

Where the juristic person is neither a Company nor a CloseCorporation, an Associate includes another juristic person whichwould have been a subsidiary or holding company of the JuristicPerson if there was a company.Any person who instructs and/or directs the Board or Governing Bodyof the Juristic Person.Trusts controlled or administered by the person.Financial interest includes Cash, Cash equivalent, Voucher, Gift, Service,Advantage, Benefit, Discount, Domestic/foreign travel, Hospitality,Accommodation, Sponsorship, Other incentive, Valuable consideration (somedefined benefit, such as money or performance, that is promised as part ofan agreement).Financial interest excludes an ownership interest, training (as long as it is notexclusive) on products, legal matters relating to products, general financialand industry information, 3 rd -party systems which you need but excludingtravel and accommodation in relation to the training.Third Party includes product suppliers, another provider, associate of aproduct supplier or provider, distribution channel, anyone who has anagreement with the above to provide financial interest to a provider or itsRepresentatives.Immaterial financial interest is: any financial interest which in Rand value does not exceed R1 000over a calendar year period and which is paid by the same third party, during that year and which is received by a sole proprietor, a Representative for his/herdirect benefit, a provider who for its benefit or for the benefit ofsome/all its Representatives, aggregates the immaterial financialinterest paid to its Representatives.146 © INSETA - Section 1 12a