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Future Fund Act 2006
57Good faith—civil obligation
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#### 57 Good faith—civil obligation
A Board member must exercise his or her powers and discharge his or her duties:
(a) in good faith in the best interests of performing the functions of the Board; and
(b) for a proper purpose.
> Note: This is a civil penalty provision which is enforced under the Regulatory Powers (Standard Provisions) Act 2014 (see Subdivision C of this Division).
Civil penalty: 2,000 penalty units.