s 69EJR

Liability of executive officers

In force

(1)

An executive officer of a body corporate contravenes this subsection if:

(a)

the body corporate contravenes a civil penalty provision; and

(b)

the officer knew that the contravention would occur; and

(c)

the officer was in a position to influence the conduct of the body in relation to the contravention; and

(d)

the officer failed to take all reasonable steps to prevent the contravention.

(2)

Subsection (1) is a civil penalty provision.

Note:

Subdivision A of this Division provides for pecuniary penalties for contraventions of civil penalty provisions.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.