(1) Where a corporation commits an offence under this Act, a director, manager, secretary or other similar officer of the corporation who is in any way by act or omission, directly or indirectly concerned in or party to the commission of the offence also commits that offence.
(2) If the affairs of the corporation are managed by its members, subsection (1) applies to the acts and defaults of a member in connection with the member's functions of management as if the member were a director of the corporation.
(Inserted by Act 21 of 1999)