Corporate Liability Law – Section 17A of the MACC Act
DID YOU KNOW.. as a director or top management of a company you can be fined or jailed if your employee committed an offence of bribery?
Based on the new section 17A of the MACC Act, a commercial organisation is deemed to have committed an offence if a person associated with the organisation commits an act of corruption which would allow the organisation to acquire an advantage in the conduct of business.
C4's Corporate Liability Provision video will guide you through the basics of the provision. We will be able to help your company navigate through the adequate procedures including developing a Whistleblower Protection Policy. Contact us today.
Courtesy of the Centre to Combat Corruption and Cryonism (C4 Centre)