(1) If a financial
report or directors’ report is amended after it is lodged with the
Registrar, the co-operative 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 for this subsection: a fine of $1 000.
(2) If the amendment
is a material one, the co-operative must also notify members as soon as
practicable of —
(a) the
nature of the amendment; and
(b) the
right to obtain a copy of the amended report under subsection (1).
Penalty for this subsection: a fine of $1 000.
(3) Despite The
Criminal Code section 23B(2), it is immaterial for the purposes of subsections
(1) and (2) that any event occurred by accident.
[Section 244ZF inserted: No. 7 of 2016 s. 85.]
[Heading inserted: No. 7 of 2016 s. 85.]