Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1232T

Extended liability of directors of the corporate director for contraventions of Chapter 2M

             (1)   Section 344 applies as if each of the following were a director of a CCIV:

                     (a)  the corporate director of the CCIV;

                     (b)  a director of the corporate director of the CCIV.

Note:          Section 344 creates civil and criminal liability for contraventions of certain provisions in Chapter 2M.

             (2)  Paragraph (1)(a) is included for the avoidance of doubt.



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