Section 239AA — Companies Act 1993: Company officer's liability for compensation for void transaction or dealing

239AA Company officer's liability for compensation for void transaction or dealing The Court may order a director or officer of a company who is convicted of an offence under section 239Z(4) to compensate any person, including the company, who has suffered loss as a result of the act or omission constituting the offence. Compare: Corporations Act 2001 (Australia) s 437E(1) Section 239AA: inserted, on 1 November 2007, by section 6 of the Companies Amendment Act 2006 (2006 No 56).