Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 6 - OFFICERS

PART 6-4 - DUTIES AND POWERS OF DIRECTORS AND OTHER OFFICERS AND EMPLOYEES

Division 265 - General duties

SECTION 265-10 USE OF POSITION - CIVIL OBLIGATIONS
Use of position - directors, other officers and employees

265-10(1)
A director, secretary, other officer or employee of an Aboriginal and Torres Strait Islander corporation must not improperly use his or her position to:

(a) gain an advantage for himself or herself or someone else; or

(b) cause detriment to the corporation.

Note 1:

This subsection is a civil penalty provision (see section 386-1 ).

Note 2:

Section 265-20 makes special provision for actions done to comply with Native Title legislation obligations.

Note 3:

The contact person for the corporation is covered by the reference to an employee of the corporation.

265-10(2)
A person who is involved in a contravention of subsection (1) contravenes this subsection.

Note 1:

Section 694-55 defines involved in .

Note 2:

This subsection is a civil penalty provision (see section 386-1 ).

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