Section 42: Offences by body corporate.

(a) Where an offence under this Act has been committed by a body corporate or firm or other association of individuals, a person who at the time of the commission of the offence was an officer or was purporting to so act, shall be guilty jointly or severally and shall be prosecuted and punished for the offence in like manner unless he proves that the act or omission constituting the offence took place without his knowledge, consent or authority.
(b) ln this section and other provisions of this Act, "Officer"-
(i) in relation to a body corporate, includes a Director, Chief Executive, Manager and Secretary ;
(ii) in relation to the firm includes a partner and other officers thereof ; and
(iii) in relation to any other association of individuals includes a person engaged in the management of the affairs of such association.