Document ID: chunk:federal_register_of_legislation:C2025C00185:section:595
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 595
Character Range: 2102243–2103265

595  Inducement to be appointed liquidator etc. of company
 (1) A person must not give, or agree or offer to give, to another person any valuable consideration with a view to securing the first‑mentioned person's own appointment or nomination, or to securing or preventing the appointment or nomination of a third person, as:
 (a) a liquidator or provisional liquidator of a company; or
 (b) an administrator of a company; or
 (c) an administrator of a deed of company arrangement executed, or to be executed, by a company; or
 (ca) a restructuring practitioner for a company; or
 (cb) a restructuring practitioner for a restructuring plan made, or to be made, by a company; or
 (d) a receiver, or a receiver and manager, of property of a company; or
 (e) a trustee or other person to administer a compromise or arrangement made between a company and any other person or persons.
 (2) An offence based on subsection (1) is an offence of strict liability.
Note: For strict liability, see section 6.1 of the Criminal Code.