s 244E
In forcePhysical format
Part 10AFinancial reports and audit
Division 2Financial records
244E Physical format
(1)
A co‑operative must ensure that, if financial records are kept in electronic form, they are to be convertible into hard copy.
Penalty for this subsection: a fine of $2 500.
(2)
If financial records are kept in electronic form, the co‑operative must ensure that a hard copy is made available within a reasonable time to a person who is entitled to inspect the records.
Penalty for this subsection: a fine of $2 500.
(3)
Despite The Criminal Code section 23B(2), it is immaterial for the purposes of subsections (1) and (2) that any event occurred by accident.
[Section 244E inserted: No. 7 of 2016 s. 85.]
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