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 2M - FINANCIAL REPORTS AND AUDIT
History
Chapter 2M inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
PART 2M.2 - FINANCIAL RECORDS
History
Part 2M.2 inserted by No 61 of 1998, Sch 1 (effective 1 July 1998).
SECTION 290
DIRECTOR ACCESS
290(1)
Personal access.
A director of a company, registered scheme or disclosing entity has a right of access to the financial records at all reasonable times.
History
S 290(1) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).
290(2)
Court order for inspection on director's behalf.
On application by a director, the Court may authorise a person to inspect the financial records on the director's behalf.
History
S 290(2) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).
290(3)
[Copies]
A person authorised to inspect records may make copies of the records unless the Court orders otherwise.
History
S 290(3) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).
290(4)
[Court's powers to make orders]
The Court may make any other orders it consider appropriate, including either or both of the following:
(a)
an order limiting the use that a person who inspects the records may make of information obtained during the inspection
(b)
an order limiting the right of a person who inspects the records to make copies in accordance with subsection
(3).
History
S 290(4) substituted by No 61 of 1998, Sch 1 (effective 1 July 1998).
290(5)-(14)
(Repealed by No 61 of 1998, Sch 1 (effective 1 July 1998).)