Commonwealth Numbered Acts

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FUTURE FUND ACT 2006 (NO. 12, 2006) - SECT 60

Good faith—criminal offence

                   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.



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