CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 201.10 When must directors comply with members' request?

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 201.10

  (1)   If the directors resolve:

  (a)   that the request under section   201 - 5 is frivolous or unreasonable; or

  (b)   that complying with the request would be contrary to the interests of the members as a whole;

a director, on behalf of all of the directors, may apply to the Registrar for permission to deny the request.

  (2)   The application must:

  (a)   be in writing; and

  (b)   set out the ground on which the application is made; and

  (c)   be made within 21 days after the request is made.

  (3)   The directors must, as soon as is practicable after making the application, give the nominated member notice that an application has been made under subsection   (1).

  (4)   The Registrar must:

  (a)   determine the application within 21 days after receiving it; and

  (b)   notify the director, the corporation and the nominated member in writing of the outcome of the determination.