An authorised provider or an agent must not, without the chief executive’s approval—
(a) employ a person in any capacity knowing the person to be a key official, or to have been a key official within the preceding period of 1 year; or
(b) knowingly have, directly or indirectly—(i) a business or financial association with a person knowing the person to be a key official, or to have been a key official within the preceding period of 1 year; or(ii) a business or financial interest together with a person knowing the person to be a key official or to have been a key official within the preceding period of 1 year.
Penalty—Maximum penalty—40 penalty units.