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Recommendations
Recommendation
1
5.14 The
committee recommends that the Personal Liability for Corporate Fault Reform
Bill 2012 be passed.
Recommendation 2
5.15 The committee
recommends that the Department of Treasury monitor the application
of the reverse onus of proof for company directors and corporate officers.
The committee recommends that Treasury report its findings to the Minister 12
months after the bill has been passed, and
report any matters of concern to the Parliamentary Joint Committee on
Corporations and Financial Services.
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