195Use of information – civil obligations (cf Corporations

195 Use of information – civil obligations (cf Corporations Act s 183) (1) Use of information – directors, other officers and employees A person who obtains information because they are, or have been, a director or other officer or employee of a co-operative must not improperly use the information to: (a) gain an advantage for themselves or someone else; or (b) cause detriment to the co-operative. Note (2) The duty under subsection (1) continues after the person stops being a director or other officer or employee of the co-operative. (3) A person who is involved in a contravention of subsection (1)