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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 762 Conduct

CORPORATIONS ACT 2001 No. 50, 2001 - SECT 762

Conduct

(1) A reference to engaging in conduct is a reference to doing or refusing to do any act, including the making of, or the giving effect to a provision of, an agreement. (2) A reference to conduct, when that expression is used as a noun otherwise than as mentioned in subsection (1), is a reference to the doing of, or the refusing to do, any act, including the making of, or the giving effect to a provision of, an agreement. (3) Where, in a proceeding under this Chapter in respect of conduct engaged in by a body corporate, it is necessary to establish the state of mind of the body, it is sufficient to show that a director, employee or agent of the body, being a director, employee or agent by whom the conduct was engaged in within the scope of the person's actual or apparent authority, had that state of mind. (4) Conduct engaged in on behalf of a body corporate:

(a)
by a director, employee or agent of the body within the scope of the person's actual or apparent authority; or

(b)
by any other person at the direction or with the consent or agreement (whether express or implied) of a director, employee or agent of the body, where the giving of the direction, consent or agreement is within the scope of the actual or apparent authority of the director, employee or agent;

is taken to have been engaged in also by the body corporate.

(5) Where, in a proceeding under this Chapter in respect of conduct engaged in by a person other than a body corporate, it is necessary to establish the state of mind of the person, it is sufficient to show that a employee or agent of the person, being a employee or agent by whom the conduct was engaged in within the scope of the employee's or agent's actual or apparent authority, had that state of mind. (6) Conduct engaged in on behalf of a person other than a body corporate:

(a)
by a employee or agent of the person within the scope of the actual or apparent authority of the employee or agent; or

(b)
by any other person at the direction or with the consent or agreement (whether express or implied) of a employee or agent of the first-mentioned person, where the giving of the direction, consent or agreement is within the scope of the actual or apparent authority of the employee or agent;

is taken to have been engaged in also by the first-mentioned person.

(7) A reference in this section to the state of mind of a person includes a reference to the knowledge, intention, opinion, belief or purpose of the person and the person's reasons for the person's intention, opinion, belief or purpose.