New South Wales Consolidated Acts(cf State Owned Corporations Act 1989 , section 33A)
(1) Schedule 6 has effect.
(2) The regulations may amend or replace Schedule 6.
(3) Any such regulations:(a) may confer jurisdiction on courts in relation to the duties and liabilities of directors and officers and associated matters, and(b) may impose penalties not exceeding 500 penalty units or imprisonment not exceeding 5 years, or both.