(a) the officer
authorised or permitted the corporation’s conduct constituting the offence;
or
(b) the officer was, directly or indirectly, knowingly concerned in the
corporation’s conduct.
(2) The executive officer may be proceeded against
for, and convicted of, the offence against the
deemed executive liability provision whether or not the corporation has been
proceeded against for, or convicted of, the offence.
(3) This section does
not affect either of the following—
"executive officer" , of a corporation, means a person who is concerned with,
or takes part in, the corporation’s management, whether or not the person is
a director or the person’s position is given the name of executive officer.