Commonwealth Consolidated Acts

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 348.5

  (1)   If a financial report or a directors' report is amended after it is lodged with the Registrar, the corporation must:

  (a)   lodge the amended report with the Registrar within 14 days after the amendment; and

  (b)   give a copy of the amended report free of charge to any member who asks for it.

Penalty:   10 penalty units.

  (2)   If the amendment is a material one, the corporation must also notify each member as soon as practicable of:

  (a)   the nature of the amendment; and

  (b)   the member's right to obtain a copy of the amended report under subsection   (1).

Penalty:   10 penalty units.

  (3)   An offence against subsection   (1) or (2) is an offence of strict liability.

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