(1) A company must ensure that the minute books for the meetings of its
members and for resolutions of members passed without meetings are open for
inspection by members free of charge.
(2) A member of a company may ask the company in writing for a copy of:
- (a)
- any minutes of a meeting of the company's members or an extract of the
minutes; or
- (b)
- any minutes of a resolution passed by members without a meeting.
(3) If the company does not require the member to pay for the copy, the
company must send it:
- (a)
- within 14 days after the member asks for it; or
- (b)
- within any longer period that ASIC approves.
(4) If the company requires payment for the copy, the company must send it:
- (a)
- within 14 days after the company receives the payment; or
- (b)
- within any longer period that ASIC approves.
The amount of any payment the company requires cannot exceed the prescribed
amount.