Northern Territory Consolidated Acts

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ASSOCIATIONS ACT - SECT 44

Inspection of audited accounts by members

The committee of an incorporated association must take reasonable steps to ensure that, at least 14 days before it is required to be presented at the annual general meeting of the association under section 43:

        (a)     the audited statement of accounts of the association is available for inspection by members; and

        (b)     in the case of a tier 3 association – members are informed of the availability by notice:

            (i)     published in a newspaper circulating in the part of the Territory where the association carries on its activities; or

            (ii)     published in any other publication circulating in the part of the Territory the Commissioner considers appropriate; or

            (iii)     sent to each member; or

            (iv)     in any other manner approved by the Commissioner.

Maximum penalty:     100 penalty units.



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