Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 344
Contravention of Part 2M.2 or 2M.3
- (1)
- A director of a company, registered scheme or
disclosing entity contravenes this section if they fail to take all reasonable
steps to comply with, or to secure compliance with, Part 2M.2 or 2M.3.
Note: This section is a civil penalty
provision (see section 1317E ).
- (2)
- Subsection (1) does not apply to
section 310, 312, 323A or 323B.
- (3)
- This section does not affect the application of the provisions of
Part 2M.2 or 2M.3 to a director as an officer a person commits an offence if
they contravene subsection (1) and the contravention is dishonest.
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