South Australian Numbered Acts

STATUTES AMENDMENT (DIRECTORS' LIABILITY) ACT 2013 (NO 16 OF 2013) - SECT 35

35—Amendment of section 43—Unlawful actions and representations

Section 43(2), penalty provision—delete the penalty provision and substitute:

Maximum penalty:

In the case of a body corporate—$25 000.

In any other case—$5 000 or imprisonment for 6 months.