Corporations Act 2001
Note: Section 1228A applies a modified version of this Part in relation to a CCIV. Section 1228B applies a modified version of this Part in relation to a sub-fund of a CCIV.
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Hide history noteThe 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.
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.
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. 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.
253N(5) [ Strict liability offence]An offence based on subsection (1), (3) or (4) is an offence of strict liability.
Note: For strict liability , see section 6.1 of the Criminal Code .
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