Section 61: Offences by companies

(1) Where an offence has been committed under this Act or the regulations by a company or other body of persons, any such person who at the time of the commission of the offence was a director, manager or a partner in the corporate body or other body of persons or acted in such capacity may be charged with the same offence.
(2) If a company or other body of persons is convicted of an offence under this Act, any person charged with the same offence shall be guilty of that offence and be liable to the penalty of that offence unless he proves that the offence was committed without his knowledge or consent and that he exercised, all such diligence to prevent the commission of the offence as he ought to have exercised, having regard to the nature of his functions in that capacity and to all the circumstances.