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s 796

Registrar’s directions for investigation

In force
Chapter 12Industrial organisations and associated entities
Part 11Records and accounts
Division 6Accounts and audit
Subdivision 8Registrar’s investigations and audits

796 Registrar’s directions for investigation

(1)

The registrar may direct an auditor, employee or officer, or a former auditor, employee or officer, of the organisation to give the registrar—

(a)

information relevant to the investigation within the person’s knowledge or possession; or

(b)

documents relevant to the investigation over which the person has control or custody.

(2)

A person to whom a direction is given by the registrar under subsection (1) must comply with the direction, unless the person has a reasonable excuse for not complying with it.Maximum penalty—40 penalty units.

(3)

It is a reasonable excuse for the person not to comply with the direction if doing so might tend to incriminate the person.

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