Northern Territory Numbered Acts

STATUTE LAW AMENDMENT (DIRECTORS' LIABILITY) ACT 2015 (NO 26 OF 2015) - SECT 66

After section 163

insert

Part XXI     Transitional matters for Statute Law Amendment (Directors' Liability) Act 2015

164     Offences

Section 123B applies in relation to a relevant offence committed by a body corporate after the commencement of that section (the commencement ) only if:

    (a)     all the conduct constituting the relevant offence occurred after the commencement; and

    (b)     all the conduct of the executive officer constituting the offence against that section occurred after the commencement.