180‑30 Liabilities180‑30 Liabilities

#### 180‑30 Liabilities (1) An amount that is payable under this Act by a company that is a body corporate is payable by each of the following entities: (a) the body corporate; (b) each individual who was a director of the body corporate at the time the amount became payable; if, at the time the amount became payable, the body corporate was a registered entity. (2) An amount is payable by a director under paragraph (1)(b) only if the amount is payable by the body corporate because of a deliberate act or omission of the director involving dishonesty, gross negligence or recklessness. (3) If an amount is payable under this section by more than one entity, those entities are jointly and severally liable to pay the amount.