Personal Liability for Corporate Fault Reform Act 2012 (180 of 2012)
Schedule 6 Other Acts amended
Corporations (Aboriginal and Torres Strait Islander) Act 2006
16 After subsection 386-10(1)
Insert:
Responsibilities of secretaries for certain corporate contraventions
(1A) Without limiting subsection (1),if a declaration of contravention by a person of subsection 265-40(1) has been made under section 386-1, a Court may order the person to pay the Commonwealth a pecuniary penalty of up to $3,000.
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