Register of directors etc.
131 Register of directors etc.
A society must keep a register of its directors, principal executive officer and secretary and enter in the register for each director, principal executive officer and secretary—
the person’s present given name and surname; and
the person’s former given name or surname (if any); and
the person’s date and place of birth; and
the person’s usual residential address; and
the person’s business occupation (if any).
Maximum penalty—160 penalty units.
A society must, within 1 month after a director, principal executive officer or secretary of the society changes his of her usual residential address, advise the registrar of the new usual residential address of the director, principal executive officer or secretary.
Maximum penalty—10 penalty units.
A society must, within 7 days after receiving notice from a director under section 113(1)(a), enter in its register, for the director, the particulars of contracts to which the notice relates and, for contracts entered into after the person became a director—
the consideration for the transaction (if any) because of which an entry is required to be made in the register; and
the date of—
the agreement for the transaction or, if it is later, the completion of the transaction; or
if there was no transaction—the happening of the event because of which an entry is required to be made in the register.
Maximum penalty—160 penalty units.
A society must, within 3 days after receiving a notice from a director under section 113(1)(b), enter in its register the particulars of the change specified in the notice.
Maximum penalty—160 penalty units.
Within 1 month beginning on the day on which a person becomes or ceases to be a director, the principal executive officer or secretary of a society, the society must file with the registrar a return in the approved form advising that fact and containing for a new director, principal executive officer or secretary the matters required by subsection (1) to be shown in the register.
Maximum penalty—10 penalty units.
A register kept by a society under this section must be open for inspection—
by a member of the society, without fee; and
by another person, on payment for each inspection of the amount (if any) prescribed by the society’s rules.
A society must produce its register at the start of each annual general meeting of the society and keep it open and accessible during the meeting to all persons attending the meeting.
Maximum penalty—160 penalty units.
It is a defence to a prosecution for failing to comply with subsection (3) or (4) in relation to particulars about a director if the defendant proves that the failure was due to the failure of a director to comply with section 113 in relation to those particulars.
This Act’s bill:Explanatory memorandum
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