—(1) A company may close the register of members or any class of members for one or more periods not exceeding 30 days in the aggregate in any calendar year.
(2) The register and index shall be open to the inspection of any member without charge and of any other person on payment for each inspection of $1 or such less sum as the company requires.
(3) Any member or other person may request the company to furnish him with a copy of the register, or of any part thereof, but only so far as it relates to names, addresses, number of shares held and amounts paid on shares, on payment in advance of $1 or such less sum as the company requires for every page thereof required to be copied and the company shall cause any copy so requested by any person to be sent to that person within a period of 21 days or within such further period as the Registrar considers reasonable in the circumstances commencing on the day next after the day on which the request is received by the company.
(4) If any copy so requested is not sent within the period prescribed by subsection (3), the company and every officer of the company who is in default shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $400 and also to a default penalty.
[UK, 1948, s. 115; Aust., 1961, s. 153]
History for Provision '192 Inspection and closing of register'.
23 February 2009
Act 2 of 2009