158Offence—partners etc taken to have committed offences

158 Offence—partners etc taken to have committed offences of other partners (1) If a person (the offender) who is a partner in a partnership commits an offence against this Act in the course of the activities of the partnership, each other partner in the partnership, and each other person who is involved with, or takes part in, the management of the partnership, is taken to have committed the offence and is punishable accordingly. (2) Subsection (1) does not apply to a person if— (a) the person was not in a position to influence the conduct of the offender; or (b) the person, being in a position to influence the conduct of the offender, took reasonable precautions and exercised due diligence to prevent the commission of the offence.