sec.111BLiability of executive officer—particular offences committed by company

### sec.111B Liability of executive officer—particular offences committed by company An executive officer of a company commits an offence if— the company commits an offence against an executive liability provision; and the officer did not take all reasonable steps to ensure the company did not engage in the conduct constituting the offence. Maximum penalty—the penalty for a contravention of the executive liability provision by an individual. In deciding whether things done or omitted to be done by the executive officer constitute reasonable steps for subsection (1) (b) , a court must have regard to— whether the officer knew, or ought reasonably to have known, of the company’s conduct constituting the offence against the executive liability provision; and whether the officer was in a position to influence the company’s conduct in relation to the offence against the executive liability provision; and any other relevant matter. The executive officer may be proceeded against for, and convicted of, an offence against subsection (1) whether or not the company has been proceeded against for, or convicted of, the offence against the executive liability provision. This section does not affect— the liability of the company for the offence against the executive liability provision; or the liability, under the Criminal Code , chapter 2 , of any person, whether or not the person is an executive officer of the company, for the company’s offence against the executive liability provision. In this section— executive liability provision means either of the following provisions— section 42 section 42D . s 111B ins 1999 No. 43 s 36 sub 2013 No. 51 s 175 amd 2017 No. 43 s 302 (sec.111B-ssec.1) An executive officer of a company commits an offence if— the company commits an offence against an executive liability provision; and the officer did not take all reasonable steps to ensure the company did not engage in the conduct constituting the offence. Maximum penalty—the penalty for a contravention of the executive liability provision by an individual. (sec.111B-ssec.2) In deciding whether things done or omitted to be done by the executive officer constitute reasonable steps for subsection (1) (b) , a court must have regard to— whether the officer knew, or ought reasonably to have known, of the company’s conduct constituting the offence against the executive liability provision; and whether the officer was in a position to influence the company’s conduct in relation to the offence against the executive liability provision; and any other relevant matter. (sec.111B-ssec.3) The executive officer may be proceeded against for, and convicted of, an offence against subsection (1) whether or not the company has been proceeded against for, or convicted of, the offence against the executive liability provision. (sec.111B-ssec.4) This section does not affect— the liability of the company for the offence against the executive liability provision; or the liability, under the Criminal Code , chapter 2 , of any person, whether or not the person is an executive officer of the company, for the company’s offence against the executive liability provision. (sec.111B-ssec.5) In this section— executive liability provision means either of the following provisions— section 42 section 42D . - (a) the company commits an offence against an executive liability provision; and - (b) the officer did not take all reasonable steps to ensure the company did not engage in the conduct constituting the offence. - (a) whether the officer knew, or ought reasonably to have known, of the company’s conduct constituting the offence against the executive liability provision; and - (b) whether the officer was in a position to influence the company’s conduct in relation to the offence against the executive liability provision; and - (c) any other relevant matter. - (a) the liability of the company for the offence against the executive liability provision; or - (b) the liability, under the Criminal Code , chapter 2 , of any person, whether or not the person is an executive officer of the company, for the company’s offence against the executive liability provision. - • section 42 - • section 42D .