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Future Fund Act 2006
60Good faith—criminal offence
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60 Good faith—criminal offence
A Board member commits an offence if he or she: (a) is reckless; or (b) is intentionally dishonest; and fails to exercise his or her powers and discharge his or her duties: (c) in good faith in what he or she believes to be in the best interests of the performance of the functions of the Board; or (d) for a proper purpose.
Penalty: Imprisonment for 5 years or 2,000 penalty units, or both.