146Civil penalties applying to office holders

146 Civil penalties applying to office holders (1) This section applies to the following provisions— (a) section 83(1) (improper use of information); (b) section 83(2) (improper use of position); (c) section 84(1) (breach of duty of care and diligence); (d) section 85(1) (breach of duty of good faith and proper purpose). (2) The provisions referred to in subsection (1) are declared to be an applied Corporations legislation matter for the purposes of Part 3 of the **Corporations (Ancillary Provisions) Act 2001** in relation to the provisions of Part 9.4B (Civil consequences of contravening civil penalty provisions) of the Corporations Act subject to the following modifications— (a) the modifications referred to in section 145, other than section 145(1)(i); (b) a reference to the provisions specified in section 1317E(1) of the Corporations Act is to be read as a reference to the provisions referred to in subsection (1); (c) a reference to $200 000 in section 1317G(1) of the Corporations Act is to be read as a reference to $20 000; (d) a reference to ASIC is to be read as a reference to the Director of Consumer Affairs Victoria; (e) any other modifications (within the meaning of Part 3 of the **Corporations (Ancillary Provisions) Act 2001**) that are prescribed by the regulations.