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Co-operatives (Adoption of National Law) Act 2012
194Use of position—civil obligations
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#### 194 Use of position—civil obligations
194 Use of position—civil obligations
(cf Corporations Act s 182)
> > (1) Use of position—directors, other officers and employees A director, secretary, other officer or employee of a co-operative must not improperly use their position to—
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> > > (a) gain an advantage for themselves or someone else; or
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> > > (b) cause detriment to the co-operative.
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> > Note—
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> > This subsection is a civil penalty provision (see section 554).
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> > (2) A person who is involved in a contravention of subsection (1) contravenes this subsection.
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> > Note 1—
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> > This subsection is a civil penalty provision (see section 554).
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> > Note 2—
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> > Section 9 defines “involved” in a contravention.