THE CORPORATIONS LAW

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT

PART 2M.3 - FINANCIAL REPORTING

Division 4 - Annual financial reporting to members

SECTION 316   MEMBER'S CHOICES FOR ANNUAL FINANCIAL INFORMATION  

316(1)  [Member request]  

A member may request the company, registered scheme or disclosing entity:

(a)  not to send them the material required by section 314; or

(b)  to send them a full financial report and the directors' report and auditor's report.

A request may be a standing request or for a particular financial year. The member is not entitled to a report for a financial year earlier than the one before the financial year in which the request is made.

316(2)  [Time for compliance with request]  

The time for complying with a request under paragraph (1)(b) is:

(a)  7 days after the request is received; or

(b)  the deadline for reporting under section 315;

whichever is later.

316(3)  [Cost]  

A full financial report, directors' report and auditor's report are to be sent free of charge unless the member has already received a copy of them free of charge.