Document ID: chunk:federal_register_of_legislation:C2010C00224:clause:1_32:p2
Version: federal_register_of_legislation:C2010C00224
Segment Type: clause
Provision Reference: sch 1 cl 32 (pt 2/2)
Character Range: 46075–46822

the person is or acts as:
 (i) a director of the company; or
 (ii) a principal executive officer of the company; or
 (iii) an appointed actuary of the company; or
 (iv) an auditor of the company; and
 (d) for a person who is a disqualified person only because he or she was disqualified under section 245A—the person is disqualified from being or acting as that director, principal executive officer, actuary or auditor (as the case requires); and
 (e) in any case—the company allows the person to be or act as a director, principal executive officer, actuary or auditor (as the case requires).

Penalty: 60 penalty units.

 (5B) Subsection (5A) is an offence of strict liability.

Note: For strict liability, see section 6.1 of the Criminal Code.