Section 214 (1)
substitute
(1) An executive officer of a corporation commits an offence if—
(a) the corporation commits an offence (a relevant offence ) by contravening a defined provision of this Act; and
Note See s (6) for the defined provisions to which this par applies.
(b) the officer was reckless about whether the contravention would happen; and
(c) the officer was in a position to influence the conduct of the corporation in relation to the contravention; and
(d) the officer failed to take all reasonable steps to prevent the contravention.
Maximum penalty: the maximum penalty that may be imposed for the commission of the relevant offence by an individual.