A member or a person who has been a member of the board of directors of a water corporation must not make improper use of information acquired by virtue of that person's position as a member—
(a) to gain directly or indirectly any pecuniary advantage for himself or herself or for any other person; or
(b) with intent to cause detriment to the water corporation, whether or not detriment was caused.
Penalty: 20 penalty units.
S. 109 substituted by No. 85/2006 s. 54.