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CORPORATIONS ACT 2001 - SECT 253UG Record - keeping for reports on polls

CORPORATIONS ACT 2001 - SECT 253UG

Record - keeping for reports on polls

  (1)   A company commits an offence if:

  (a)   the company receives a report on the conduct or outcome of a poll from an independent person appointed for the purposes of section   253UB or 253UC (as the case requires) in relation to the poll; and

  (b)   the company fails to keep a copy of the report.

  (2)   A responsible entity of a registered scheme commits an offence if:

  (a)   the responsible entity receives a report on the conduct or outcome of a poll from an independent person appointed for the purposes of section   253UD or 253UE (as the case requires) in relation to the poll; and

  (b)   the responsible entity fails to keep a copy of the report.

  (3)   An offence based on subsection   (1) or (2) is an offence of strict liability.

 

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