Inspection of co-operative’s registers and other documents
214 Inspection of co-operative’s registers and other documents
A co-operative must have at the office where the registers are kept and available during all reasonable hours for inspection by a member free of charge the following—
a copy of—
this Law; and
the Co-operatives National Law Act of this jurisdiction; and
the National Regulations; and
the local regulations;
a copy of the rules of the co-operative and attachments to the rules required under section 421;
a copy of the minutes of each general meeting of the co-operative;
a copy of the last annual report of the co-operative;
the register of directors;
the register of members;
the register of names of persons who have given loans or deposits to the co-operative or hold securities or debentures given or issued by the co-operative;
the register of CCUs issued by the co-operative and their holders;
other registers that the National Regulations may provide are to be open for inspection under this section.
If a register is not kept on a computer, the member may inspect the register itself.
If the register is kept on a computer, the member may inspect a hard copy of the information on the register unless the person and the co-operative agree the person can access the information by computer.
A member is entitled to make a copy of entries in a register specified in subsection (1) free of charge unless the rules of the co-operative require a fee to be paid, in which case the copy may be made on payment of the required fee.
The fee required by the rules of the co-operative must not be more than the fee (for a copy of any entry in the register)—
prescribed by the National Regulations, except to the extent paragraph (b) applies; or
prescribed by the local regulations.
A co-operative must—
permit a member to inspect a document or make a copy of a document the member may inspect or make under this section; and
give the member all reasonable help to inspect the document or make the copy.
Maximum penalty—$2,000.
The rules of a co-operative may provide for the availability or non-availability of minutes of board meetings and subcommittee meetings for inspection by members.
A co-operative must have, at the place where the registers are kept and available during all reasonable hours for inspection by any person, the documents in relation to the co-operative prescribed by the National Regulations.Maximum penalty—$2,000.
Neither subsection (7) nor a rule referred to in that subsection affects access to minutes being obtained under section 143 or any other provision of this Law.
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