sec.226Relationship of general operators with restricted officials

sec.226 Relationship of general operators with restricted officials

This section applies to a general operator if a restricted official has been given a direction by the chief executive not to have a financial relationship with a general operator. However, this section applies only if the general operator knows, or ought reasonably to know, that the restricted official has been given the direction. The general operator must not— employ the restricted official in any capacity; or knowingly have, directly or indirectly— a business or financial association with the restricted official; or a business or financial interest together with the restricted official. Maximum penalty—40 penalty units. For 1 year after the person ceases to be a restricted official, the general operator must not, without the chief executive’s approval— employ the person in any capacity; or knowingly have, directly or indirectly— a business or financial association with the person; or a business or financial interest together with the person. Maximum penalty for subsection (4) —40 penalty units. (sec.226-ssec.1) This section applies to a general operator if a restricted official has been given a direction by the chief executive not to have a financial relationship with a general operator. (sec.226-ssec.2) However, this section applies only if the general operator knows, or ought reasonably to know, that the restricted official has been given the direction. (sec.226-ssec.3) The general operator must not— employ the restricted official in any capacity; or knowingly have, directly or indirectly— a business or financial association with the restricted official; or a business or financial interest together with the restricted official. Maximum penalty—40 penalty units. (sec.226-ssec.4) For 1 year after the person ceases to be a restricted official, the general operator must not, without the chief executive’s approval— employ the person in any capacity; or knowingly have, directly or indirectly— a business or financial association with the person; or a business or financial interest together with the person. Maximum penalty for subsection (4) —40 penalty units.

• (a) employ the restricted official in any capacity; or
• (b) knowingly have, directly or indirectly— (i) a business or financial association with the restricted official; or (ii) a business or financial interest together with the restricted official.
• (i) a business or financial association with the restricted official; or
• (ii) a business or financial interest together with the restricted official.
• (i) a business or financial association with the restricted official; or
• (ii) a business or financial interest together with the restricted official.
• (a) employ the person in any capacity; or
• (b) knowingly have, directly or indirectly— (i) a business or financial association with the person; or (ii) a business or financial interest together with the person.