Western Australian Current Acts Western Australian Current Acts (1) A person who
obtains information because they are, or have been, a director, chief
executive officer or member of staff of a GTE must not improperly use the
information to —
(a)
gain, directly or indirectly, an advantage for themselves or someone else; or
(b)
cause detriment to the GTE.
(2) A person commits a
crime if they contravene subsection (1).
Penalty for this subsection: imprisonment for 5
years and a fine of $20 000.
Summary conviction penalty for this subsection:
imprisonment for 3 years and a fine of $12 000.
(3) It is irrelevant,
for the purposes of this section, that —
(a) the
person intended to gain, directly or indirectly, an advantage for the GTE; or
(b) the
GTE gained, directly or indirectly, an advantage.