Corporations (Aboriginal and Torres Strait Islander) Consequential, Transitional and Other Measures Act 2006 (125 of 2006)
Schedule 3 Transitional provisions
Part 2 Bringing transitional corporations across to new system
Division 10 Reporting for financial year ending on 30 June 2007
59 Offence - directors
(1) A director of a transitional corporation contravenes this subitem if the director fails to take all reasonable steps to comply with, or to secure compliance with, this Division.
(2) A person commits an offence if the person contravenes subitem (1) and the contravention is dishonest.
Penalty: $200.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
