Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 253M

Minutes

(1) A responsible entity of a registered scheme must keep minute books in which it records within 1 month:

(a)
proceedings of meetings of the scheme's members; and

(b)
resolutions of meetings of the scheme's members.

(2) The responsible entity must ensure that minutes of a meeting are signed within a reasonable time after the meeting by the chair of the meeting or the chair of the next meeting. (3) The responsible entity must keep the minute books at:

(a)
its registered office; or

(b)
its principal place of business in this jurisdiction; or

(c)
another place in this jurisdiction approved by ASIC.

(4) A minute that is so recorded and signed is evidence of the proceeding or resolution to which it relates, unless the contrary is proved.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback