601CJ
In forceLiability of local agent
Volume 3Chapter 5A, Part 5A.1 to Chapter 6D, Part 6D.5 sections 601 to 742
Chapter 5BBodies corporate registered as companies, and registrable bodies
Part 5B.2Registrable bodies
Division 2Foreign companies
601CJ Liability of local agent
A local agent of a registered foreign company:
(a)
is answerable for the doing of all acts, matters and things that the foreign company is required by or under this Act to do; and
(b)
is personally liable to a penalty imposed on the foreign company for a contravention of this Act if the court or tribunal hearing the matter is satisfied that the local agent should be so liable.
This Act’s bill:Explanatory memorandumSecond reading speech
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