Relationship of key officials with authorised providers and agents
176 Relationship of key officials with authorised providers and agents
A key official must not, without the chief executive’s approval—
accept or solicit employment from an authorised provider or an agent; or
be an employee in any capacity of an authorised provider or an agent; or
knowingly have, directly or indirectly—
a business or financial association with an authorised provider or an agent; or
a business or financial interest together with an authorised provider or an agent.
Maximum penalty—40 penalty units.
A person must not, for 1 year after ceasing to be a key official, without the chief executive’s approval—
accept or solicit employment from an authorised provider or an agent; or
be an employee in any capacity of an authorised provider or an agent; or
knowingly have, directly or indirectly—
a business or financial association with an authorised provider or an agent; or
a business or financial interest together with an authorised provider or an agent.
Maximum penalty for subsection (2)—40 penalty units.
This Act’s bill:Explanatory memorandum
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