Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 200D

Contravention to receive benefit without member approval

             (1)  A person who:

                     (a)  holds, or has at any previous time held, a managerial or executive office in a company or related body corporate; or

                     (b)  is the spouse of a person referred to in paragraph (a); or

                     (c)  is a relative of a person referred to in paragraph (a) or of the spouse of such a person; or

                     (d)  is an associate of a person referred to in paragraph (a) or the spouse of an associate of such a person;

must not receive a benefit if the giving of the benefit contravenes section 200B or 200C.

             (2)  An offence based on subsection (1) is an offence of strict liability.

Note:          For strict liability , see section 6.1 of the Criminal Code .



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