Victorian Consolidated Legislation

Co-operative Housing Societies Act 1958 - SECT 66

Inspection of books

66. Inspection of books



(1) The registrar may inspect, or may authorize in writing any officer
employed in or in connexion with the office of the registrar or any employee
of the public service or any accountant or actuary to inspect, any minutes
registers books and documents of any society.

(2) The registrar or any person so authorized may require any director or
officer of the society to produce to him all the minutes registers books and
documents of the society, and any person so required who fails without
reasonable excuse to comply with the requirement shall be guilty of an offence
against this Act and liable to a penalty of not more than $200.

(3) Any authorised deposit-taking institution in which a society keeps an
account shall, when so required in writing by the registrar, furnish to the
registrar a statement of such account and any other particulars required by
the registrar to be so furnished.

(4) No authorised deposit-taking institution shall incur any liability,
whether in respect of any breach of trust or otherwise, by reason only of the
furnishing of any statement or particulars pursuant to this section.