30D
CurrentDisqualified managerial officer not to be employed
30D Disqualified managerial officer not to be employed
A corporate licensee must not employ or engage a person as a managerial officer of the licensee if the person is disqualified under section 29(4)(e)(ii) or 30C(4)(d)(ii).
Penalty: a fine of $60 000.
[Section 30D inserted: No. 38 of 2011 s. 20.]
This Act’s bill:Explanatory memorandumSecond reading speech
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