15
CurrentProvision of information
Part 3Accountability
15 Provision of information
(1)
A territory-owned corporation or subsidiary must, if asked in writing by the voting shareholders, prepare and give to the voting shareholders periodical financial statements, performance reports and any other information about the corporation or subsidiary asked for.
(2)
The request may state the format and contents of the information asked for, and the period for which it is to be prepared and given.
(3)
A territory-owned corporation or subsidiary must comply with the request within 1 month after the day it receives the request, unless the voting shareholders extend the time for compliance.
This Act’s bill:Explanatory statement
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