(1) If the public company or entity contravenes section 208:

(a)

the contravention does not affect the validity of any contract or transaction connected with the giving of the benefit; and

(b)

the public company or entity is not guilty of an offence.

Note: A Court may order an injunction to stop the company or entity giving the benefit to the related party (see section 1324).

(2) A person contravenes this subsection if they are involved in a contravention of section 208 by a public company or entity.

Note 1: This subsection is a civil penalty provision.

Note 2: Section 79 defines involved .

(3) A person commits an offence if they are involved in a contravention of section 208 by a public company or entity and the involvement is dishonest.