CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 2G - MEETINGS
History
Ch 2G inserted by No 61 of 1998, Sch 1 (effective
1 July 1998).
PART 2G.4 - MEETINGS OF MEMBERS OF REGISTERED MANAGED INVESTMENT SCHEMES
Division 7 - Minutes and members' access to minutes
SECTION 253N
MEMBERS' ACCESS TO MINUTES
253N(1)
(Inspection by numbers)
The responsible entity of a registered scheme must ensure that the minute books for the meetings of the scheme's members are open for inspection by members free of charge.
History
S 253N(1) inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
253N(2)
(Copy of minutes)
A member of a registered scheme may ask the responsible entity in writing for a copy of any minutes of a meeting of the scheme's members or an extract of the minutes.
History
S 253N(2) inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
253N(3)
(No payment required)
If the responsible entity does not require the member to pay for the copy, the responsible entity must send it:
(a)
within 14 days after the member asks for it; or
(b)
within any longer period that ASIC approves.
History
S 253N(3) amended by No 54 of 1998, Sch 5, Pt 2 (effective 1 July 1998).
S 253N(3) inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
253N(4)
(Payment required)
If the responsible entity requires payment for the copy, the responsible entity must send it:
(a)
within 14 days after the responsible entity receives the payment; or
(b)
within any longer period that ASIC approves.
The amount of any payment the responsible entity requires cannot exceed the prescribed amount.
History
S 253N(4) amended by No 54 of 1998, Sch 5, Pt 2 (effective 1 July 1998).
S 253N(4) inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
View history note
Hide history note