Western Australian Consolidated Acts

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COMPANIES (CO-OPERATIVE) ACT 1943 - SECT 434

434 .         Form of register, index or accounts

        (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).]



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