Use of information: civil obligations
210 Use of information: civil obligations
A person who obtains information because they are, or have been, a director or other officer or employee of a co‑operative must not improperly use the information to —
gain an advantage for themselves or someone else; or
cause detriment to the co‑operative.
Note for this subsection:
This is a civil penalty provision (see section 482A).
The duty under subsection (1) continues after the person stops being a director or other officer or employee of the co‑operative.
A person who is involved in a contravention of subsection (1) contravenes this subsection.
Note for this subsection:
This is a civil penalty provision (see section 482A).
[Section 210 inserted: No. 7 of 2016 s. 63.]
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