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Co-operative Housing and Starr-Bowkett Societies Act 1998
218Commissions
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218 Commissions
218 Commissions
(1) An officer of a co-operative housing body must not accept a commission, fee or reward, whether pecuniary or otherwise, from a person for or in connection with that person’s transaction with the body.
Maximum penalty—20 penalty units.
(2) An officer of a co-operative housing body who commits an offence against subsection (1) is indebted to the body for double the value or amount of the commission, fee or reward.