Commonwealth Consolidated Acts Commonwealth Consolidated ActsGood faith--officers of organisations and branches
(1) An officer of an organisation or a branch commits an offence if he or she:
(a) is reckless; or
(b) is intentionally dishonest;
and fails to exercise his or her powers or discharge his or her duties:
(c) in good faith in the best interests of the organisation; or
(d) for a proper purpose.
Penalty: 2,000 penalty units or imprisonment for 5 years, or both.
Use of position--officers and employees of organisations and branches
(2) An officer or employee of an organisation or a branch commits an offence if the officer or employee uses his or her position dishonestly:
(a) with the intention of directly or indirectly gaining an advantage for himself or herself, or someone else, or causing detriment to the organisation; or
(b) reckless as to whether the use may result in himself or herself or someone else directly or indirectly gaining an advantage, or causing detriment to the organisation.
Penalty: 2,000 penalty units or imprisonment for 5 years, or both.
Use of information--officers and employees of organisations and branches
(3) A person who obtains information because he or she is, or has been, an officer or employee of an organisation or a branch commits an offence if he or she uses the information dishonestly:
(a) with the intention of directly or indirectly gaining an advantage for himself or herself, or someone else, or causing detriment to the organisation; or
(b) reckless as to whether the use may result in himself or herself or someone else directly or indirectly gaining an advantage, or causing detriment to the organisation.
Penalty: 2,000 penalty units or imprisonment for 5 years, or both.