sec.260AExecutive officer may be taken to have committed offence

sec.260A Executive officer may be taken to have committed offence

If a corporation commits an offence against a deemed executive liability provision, each executive officer of the corporation is taken to have also committed the offence if— the officer authorised or permitted the corporation’s conduct constituting the offence; or the officer was, directly or indirectly, knowingly concerned in the corporation’s conduct. The executive officer may be proceeded against for, and convicted of, the offence against the deemed executive liability provision whether or not the corporation has been proceeded against for, or convicted of, the offence. This section does not affect either of the following— the liability of the corporation for the offence against the deemed executive liability provision; the liability, under the Criminal Code , chapter 2 , of any person, whether or not the person is an executive officer of the corporation, for the offence against the deemed executive liability provision. In this section— deemed executive liability provision means any of the following provisions— section 50 (1) section 51 (1) section 86 (1) section 86 (2) section 114 (5) section 124 section 125 section 126 section 157 (1) section 158 (2) section 207 section 209 (7) section 214 (1) section 221 section 270 (2) section 271 (6) . s 260A ins 2013 No. 51 s 52 (sec.260A-ssec.1) If a corporation commits an offence against a deemed executive liability provision, each executive officer of the corporation is taken to have also committed the offence if— the officer authorised or permitted the corporation’s conduct constituting the offence; or the officer was, directly or indirectly, knowingly concerned in the corporation’s conduct. (sec.260A-ssec.2) The executive officer may be proceeded against for, and convicted of, the offence against the deemed executive liability provision whether or not the corporation has been proceeded against for, or convicted of, the offence. (sec.260A-ssec.3) This section does not affect either of the following— the liability of the corporation for the offence against the deemed executive liability provision; the liability, under the Criminal Code , chapter 2 , of any person, whether or not the person is an executive officer of the corporation, for the offence against the deemed executive liability provision. (sec.260A-ssec.4) In this section— deemed executive liability provision means any of the following provisions— section 50 (1) section 51 (1) section 86 (1) section 86 (2) section 114 (5) section 124 section 125 section 126 section 157 (1) section 158 (2) section 207 section 209 (7) section 214 (1) section 221 section 270 (2) section 271 (6) .

• (a) the officer authorised or permitted the corporation’s conduct constituting the offence; or
• (b) the officer was, directly or indirectly, knowingly concerned in the corporation’s conduct.