2. Anton is a director of a company which is in serious financial difficulty, and he fears the company is nearing insolvency. Advise Anton as to the circumstances in which a s 588G applies and of any steps he could take to ensure he would have a defence to a s 588G action if this action were commenced against him. What penalties could he face if he does contravene s 588G? Please consider s 588GA as well, in relation to his potential liability for insolvent trading