Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 596

Frauds by officers
596. A person who, while an officer of a company:

   (a)  by false pretences or by means of any other fraud, induces a person to
        give credit to the company or to a related body corporate;

   (b)  with intent to defraud the company or a related body corporate, or
        members or creditors of the company or of a related body corporate,
        makes or purports to make, or causes to be made or to be purported to
        be made, any gift or transfer of, or charge on, or causes or connives
        at the levying of any execution against, property of the company or of
        a related body corporate; or

   (c)  with intent to defraud the company or a related body corporate, or
        members or creditors of the company or of a related body corporate,
        conceals or removes any part of the property of the company or of a
        related body corporate after, or within 2 months before, the date of
        any unsatisfied judgment or order for payment of money obtained
        against the company or a related body corporate; contravenes this
        section. 


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