Western Australian Numbered Acts

CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 441

441 .         Accepting commission

        (1)         An officer of a co-operative must not accept a commission, fee or reward, whether pecuniary or otherwise, from a person in relation to a transaction or proposed transaction between the person and the co-operative.

        Penalty: a fine of $6 000.

        (2)         An officer of a co-operative who commits an offence under subsection (1) is liable to make good to the co-operative double the value or amount of the commission, fee or reward.