Section 155E — Debarment under VCC Act

(1)A person who has a debarment order made against him or her under section 59 of the VCC Act must not —

(a)except in respect of a company of which the person is a director immediately before the order was made — act as director of any company; or

(b)except in respect of a company of which the person is a secretary immediately before the order was made — act as secretary of any company.[28/2019]

(2)Subsection (1) applies from the date that the debarment order is made until such time as the Registrar cancels or suspends the order.[28/2019]

(3)Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.[28/2019]