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 175-10   DISCLOSURE OF INFORMATION ACQUIRED IN INSPECTION  

175-10(1)    
A person who inspects books on behalf of an applicant under section 175-1 must not disclose information obtained during the inspection.

175-10(2)    
Subsection (1) does not apply to the extent that the disclosure is to:

(a)    the Registrar; or

(b)    the applicant.

Note:

A defendant bears an evidential burden in relation to the matter in subsection (2) (see subsection 13.3(3) of the Criminal Code ).

175-10(3)    
A person commits an offence if the person contravenes subsection (1) .

Penalty: 50 penalty units or imprisonment for 12 months, or both.

175-10(4)    
An offence against subsection (3) is an offence of strict liability.

Note:

For strict liability , see section 6.1 of the Criminal Code .