303AExtended time for disclosure for trustees, executors, and administrators

1. This section applies if—

2. a person (A) is a director or senior manager of a listed issuer; and
3. A acquires a relevant interest in—
   1. a quoted financial product of the listed issuer or a related body corporate; or
   2. a specified derivative; and
4. the relevant interest is acquired merely because A is the trustee of a testamentary trust or the executor or administrator of the estate of a deceased person.

5. The time limit for disclosure in section 297 or 298 in respect of the acquisition of the relevant interest does not apply and the disclosure must instead be given before the expiry of 14 days after the grant of administration under the Administration Act 1969.