Corporations Act 2001
A local agent of a registered foreign company:
(a) is answerable for the doing of all acts, matters and things that the foreign company is required by or under this Act to do; and
(b) is personally liable to a penalty imposed on the foreign company for a contravention of this Act if the court or tribunal hearing the matter is satisfied that the local agent should be so liable.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.