Western Australian Numbered Acts

CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 210

210 .         Improper use of information or position

        (1)         An officer or employee or former officer or employee of a co-operative or a member of a committee referred to in section 204(1) must not make improper use of information acquired by reason of his or her position as an officer or employee or member to gain, directly or indirectly, an advantage for himself or herself or for any other person or to cause detriment to the co-operative.

        (2)         An officer or employee of a co-operative or a member of a committee referred to in section 204(1) must not make improper use of his or her position as an officer or employee or member, to gain, directly or indirectly, an advantage for himself or herself or for any other person or to cause detriment to the co-operative.

        Penalty:

            (a)         for a contravention committed with intent to deceive or defraud the co-operative, members or creditors of the co-operative or creditors of another person or for another fraudulent purpose, a fine of $24 000 and imprisonment for 2 years;

            (b)         in any other case, a penalty not exceeding a fine of $6 000.