Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the corporation or entity contravenes section 284-1:
(a) the contravention does not affect the validity of any contract or transaction connected with the giving of the benefit; and
(b) the corporation or entity does not commit an offence.
Note: A Court may order an injunction to stop the corporation or entity giving the benefit to the related party (see section 576-25).
(2) A person contravenes this subsection if they are involved in a contravention of section 284-1 by a corporation or entity.
Note 1: This subsection is a civil penalty provision (see section 386-1).
Note 2: Section 694-55 defines involved in .
(3) A person commits an offence if they are involved in a contravention of section 284-1 by a corporation or entity and the involvement is dishonest.
Penalty: 2,000 penalty units or imprisonment for 5 years, or both.