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CORPORATIONS ACT 2001

CHAPTER 2F - MEMBERS' RIGHTS AND REMEDIES  

PART 2F.3 - INSPECTION OF BOOKS  

SECTION 247C  DISCLOSURE OF INFORMATION ACQUIRED IN INSPECTION  

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247C(1)  [Disclosure prohibited]  


A person who inspects books on behalf of an applicant under section 247A must not disclose information obtained during the inspection.

247C(2)  [Limitation]  

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Subsection (1) does not apply to the extent that the disclosure is to:


(a) ASIC; or


(b) the applicant.

Note: A defendant bears an evidential burden in relation to the matter in subsection (2), see subsection 13.3(3) of the Criminal Code.

247C(3)  [Strict liability offence]  

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An offence based on subsection (1) is an offence of strict liability.

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


 



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