554Declarations of contravention

#### 554 Declarations of contravention 554 Declarations of contravention (cf Corporations Act s 1317E) > > (1) If the Supreme Court is satisfied that a person has contravened one of the following provisions, it must make a declaration of contravention— > > > > > (a) section 192 (1) (Care and diligence); > > > > > (b) section 193 (1) (Good faith); > > > > > (c) section 193 (2); > > > > > (d) section 194 (1) (Use of position); > > > > > (e) section 194 (2); > > > > > (f) section 195 (1) (Use of information); > > > > > (g) section 195 (3); > > > > > (h) section 328 (1) (Contravention by directors of provisions of Part 3.3); > > > > > (i) without limiting paragraph (h)— > > > > > > > (i) section 315 (1) of the Corporations Act (Deadline for reporting to members) as applying under section 285 (2) or 328 (1) of this Law; > > > > > > > (ii) section 318 of the Corporations Act (Additional reporting by debenture issuers) as applying under section 288 or 328 (1) of this Law; > > > > > (j) any of the following provisions of the Corporations Act relating to debentures as applying under section 337 of this Law— > > > > > > > (i) section 674 (2) (Continuous disclosure—listed disclosing entity bound by a disclosure requirement in market listing rules); > > > > > > > (ii) section 674 (2A); > > > > > > > (iii) section 675 (2) (Continuous disclosure—other disclosing entities); > > > > > > > (iv) section 675 (2A); > > > > > > > (v) section 1041A (Market manipulation); > > > > > > > (vi) section 1041B (1) (False trading and market rigging—creating a false or misleading appearance of active trading etc); > > > > > > > (vii) section 1041C (1) (False trading and market rigging—artificially maintaining etc. trading price); > > > > > > > (viii) section 1041D (Dissemination of information about illegal transactions); > > > > > > > (ix) section 1043A (1) (Prohibited conduct by person in possession of inside information); > > > > > > > (x) section 1043A (2); > > > > > (k) section 588G (2) of the Corporations Act (Director’s duty to prevent insolvent trading by company) as applying under section 451 of this Law. > > > (2) A declaration of contravention must specify the following— > > > > > (a) the court that made the declaration; > > > > > (b) the civil penalty provision that was contravened; > > > > > (c) the person who contravened the provision; > > > > > (d) the conduct that constituted the contravention.