(1) Every student in a public school and assisted school shall take good care of any public property placed at the student's disposal and where such property is to be returned, the property shall be returned in good condition at the end of the school activities on a day and time determined by the principal.
(2) If a student fails to comply with subsection (1), the Chief Education Officer may claim the value of the property from the parents of the student if a minor or from the student if the student is 18 years and over.
(3) If the property of a public school or assisted school is destroyed, damaged, lost, or converted by the intentional or negligent act of a student who is a minor, the student and the student's parents are liable in respect of the act of the student.
(4) If the property of a public school or assisted school is destroyed, damaged, lost, or converted by the intentional or negligent act of 2 or more students who are minors acting together, the students and their parents are jointly and severally liable in respect of the act of the students.
(5) If the property of a public school or assisted school is destroyed, damaged, lost or converted by the intentional or negligent act of one or more students who are 18 years or older—
(a) the single student is liable in respect of his or her sole act; and
(b) the students who acted together are jointly and severally liable in respect of their act.