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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