Document ID: chunk:federal_register_of_legislation:C2016A00079:clause:2_4
Version: federal_register_of_legislation:C2016A00079
Segment Type: clause
Provision Reference: sch 2 cl 4
Character Range: 37520–38092

4  Section 6
Insert:
serious contravention, in relation to a contravention of a civil penalty provision by an organisation, a branch of an organisation or a person who is, or was, an officer or employee of an organisation or a branch of an organisation, means a contravention that:
 (a) materially prejudices the interests of the organisation or branch, or the members of the organisation or branch; or
 (b) materially prejudices the ability of the organisation or branch to pay its creditors; or
 (c) is serious.
takes a reprisal has the meaning given by section 337BA.