Corporations (Aboriginal and Torres Strait Islander) Act 2006

CHAPTER 4 - MEMBERS AND OBSERVERS  

PART 4-4 - PROTECTION OF MEMBERS ' INTERESTS  

Division 175 - When may a member inspect a corporation ' s books?  

SECTION 175-1   ORDER FOR INSPECTION OF BOOKS OF CORPORATION  

175-1(1)    
On application by a member of an Aboriginal and Torres Strait Islander corporation, the Court may make an order:

(a)    authorising the applicant to inspect books of the corporation; or

(b)    authorising another person (whether a member or not) to inspect books of the corporation on the applicant ' s behalf.

The Court may only make the order if it is satisfied that the applicant is acting in good faith and that the inspection is to be made for a proper purpose.

175-1(2)    
A person authorised to inspect books may make copies of the books unless the Court orders otherwise.

175-1(3)    
A person who:

(a)    is granted leave under section 169-5 ; or

(b)    applies for leave under that section; or

(c)    is eligible to apply for leave under that section; may apply to the Court for an order under this section.

175-1(4)    
On application, the Court may make an order authorising:

(a)    the applicant to inspect books of the corporation; or

(b)    another person to inspect books of the corporation on the applicant ' s behalf.

175-1(5)    
The Court may make the order only if it is satisfied that:

(a)    the applicant is acting in good faith; and

(b)    the inspection is to be made for a purpose connected with:

(i) applying for leave under section 169-5 ; or

(ii) bringing or intervening in proceedings with leave under that section.

175-1(6)    
A person authorised to inspect books may make copies of the books unless the Court orders otherwise.

175-1(7)    
If the person authorised by the Court under paragraph (1)(b) or paragraph (4)(b) is the Registrar, the Registrar may appoint another person to inspect the books of the corporation on the Registrar ' s behalf.