Environment Law: Environmental Liabilities - Directors and Officers Beware
Jane P Hall
Abstract
Jane P Hall
Abstract
In September 2006, the Corporations and Markets Advisory Committee (CAMAC) released a report on Personal Liability for Corporate Fault (the report). CAMAC reviewed circumstances in which directors or other individuals involved in managing companies can incur personal criminal liability as a result of a company's misconduct. It reviewed legislation dealing with environmental protection (as well as occupational health and safety, hazardous goods and fair trading laws). The report concluded that there are a broad range of statutory tests within and between jurisdictions for imposing personal liability for corporate misconduct.
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In September 2006, the Corporations and Markets Advisory Committee (CAMAC) released a report on Personal Liability for Corporate Fault (the report). CAMAC reviewed circumstances in which directors or other individuals involved in managing companies can incur personal criminal liability as a result of a company's misconduct. It reviewed legislation dealing with environmental protection (as well as occupational health and safety, hazardous goods and fair trading laws). The report concluded that there are a broad range of statutory tests within and between jurisdictions for imposing personal liability for corporate misconduct.
Key concepts: Misconduct, Liability, Project commissioning, Business, Statutory law, Legislation, Criminal liability, Publishing