Document ID: chunk:federal_register_of_legislation:C2025C00135:section:230f:p2
Version: federal_register_of_legislation:C2025C00135
Segment Type: section
Provision Reference: s 230F (pt 2/2)
Character Range: 450834–451926

Criminal Code.
 (4) If an officer of a life company, registered NOHC or other body corporate fails to take reasonable steps to ensure that the life company, NOHC or other body corporate complies with a direction given to it under section 230B in circumstances that give rise to the officer committing an offence against subsection (3), the officer commits an offence against that subsection in respect of:
 (a) the first day on which the offence is committed; and
 (b) each subsequent day (if any) on which the circumstances that gave rise to the officer committing the offence continue (including the day of conviction for any such offence or any later day).
Note: This subsection is not intended to imply that section 4K of the Crimes Act 1914 does not apply to offences against this Act or the regulations.
 (5) In this section, officer has the meaning given by section 9 of the Corporations Act 2001.
Note: Officer would include a member of the Compliance Committee of an eligible foreign life insurance company.

Subdivision C—Secrecy and disclosure provisions relating to all directions