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There are also criminal liabilities associated with breaching director duties like acting in good faith and in the company's best interest- CA 1993 s 138A

There are also criminal liabilities associated with breaching director duties like acting in good faith and in the company's best interest- CA 1993 s 138A (1), and engaging in reckless trading - CA 1993 s 380(4). Penalties includes 5 years imprisonment or $200,000 fines - CA 1993 s 373(4). shorten

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