Western Australian Consolidated Acts (1) Any register,
index or accounts required by this Act to be kept by a company, may,
notwithstanding anything in this Act, be kept either by making entries in
bound books or by recording the matters in question in any other manner.
(2) Where any such
register, index, or accounts are not kept by making entries in a bound book,
but by some other means, adequate precautions shall be taken for guarding
against falsification and facilitating its discovery, and where default is
made in complying with this subsection, the company and every officer of the
company who is in default, shall be liable to a penalty of $100, and in
addition to a daily penalty of $4 for every day during which the offence
continues.
[Section 434 inserted by No. 47 of 1949
s. 27; No. 113 of 1965 s. 8(1).]