Commonwealth Consolidated Acts

FUTURE FUND ACT 2006 - SECT 60

    A Board member commits an offence if he or she:

  (a)   is reckless; or

  (b)   is intentionally dishonest;

and fails to exercise his or her powers and discharge his or her duties:

  (c)   in good faith in what he or she believes to be in the best interests of the performance of the functions of the Board; or

  (d)   for a proper purpose.

Penalty:   Imprisonment for 5 years or 2,000 penalty units, or both.