4Secret gifts accepted by or offered to agent as inducement or reward

##### 4 Secret gifts accepted by or offered to agent as inducement or reward (1) Any person who, without the full knowledge and consent of the principal, directly or indirectly: (a) being an agent of the principal accepts or obtains or agrees or offers to accept or obtain from any person for himself or for any person other than the principal; or (b) gives or agrees to give or offers to an agent of the principal or to any person at the request of an agent of the principal; any gift or consideration as an inducement or reward: (i) for any act done or to be done, or any forbearance observed or to be observed, or any favour or disfavour shown or to be shown, in relation to the principal’s affairs or business, or on the principal’s behalf; or (ii) for obtaining or having obtained or aiding or having aided to obtain for any person an agency or contract for or with the principal; shall be guilty of an indictable offence. Penalty: In the case of a corporation, Two thousand dollars; in the case of any other person, two years’ imprisonment or One thousand dollars, or both. (2) A gift or consideration shall be deemed to be given as an inducement or reward if the receipt or any expectation thereof would be in any way likely to influence the agent to do or to leave undone something contrary to his duty.