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CORPORATIONS ACT 2001

CHAPTER 2M - FINANCIAL REPORTS AND AUDIT  

PART 2M.2 - FINANCIAL RECORDS  

SECTION 290  DIRECTOR ACCESS  

290(1)  Personal access.  


A director of a company, registered scheme or disclosing entity has a right of access to the financial records at all reasonable times.

290(2)  Court order for inspection on director's behalf.  


On application by a director, the Court may authorise a person to inspect the financial records on the director's behalf.

290(3)  [Copies]  


A person authorised to inspect records may make copies of the records unless the Court orders otherwise.

290(4)  [Court's powers to make orders]  


The Court may make any other orders it consider [sic] appropriate, including either or both of the following:


(a) an order limiting the use that a person who inspects the records may make of information obtained during the inspection;


(b) an order limiting the right of a person who inspects the records to make copies in accordance with subsection (3).

 



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