Australian Capital Territory Repealed Acts

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This legislation has been repealed.

CO-OPERATIVE SOCIETIES ACT 1939 (REPEALED) NO 9 - SECT 77

Commission

    (1)     Any officer of a society who accepts any commission, fee or reward, whether pecuniary or otherwise, from any person for or in connection with a transaction of that person with the society commits an offence.

Maximum penalty: 50 penalty units, imprisonment for 6 months, or both.

    (2)     An officer of a society who incurs a penalty under subsection (1) shall pay to the society an amount equal to twice the value of the relevant fee, commission or reward.



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