Div 3BRecords

Division 3B—Records 39C—Keeping of records (1) An incorporated association must keep such accounting records as correctly record and explain the transactions of the association and the financial position of the association. (2) The accounting records must be kept at the place at which the association is situated or established within the State or in the custody of an officer of the association in accordance with its rules or a resolution of the committee of the association. (3) If an incorporated association fails to comply with subsection (1), the association and any officer of the association who is in default are each guilty of an offence. (a) if the offence is committed in respect of a prescribed association—$2 500; or 39D—Inspection of records (1) A member of an incorporated association may apply to the District Court for an order authorising an inspection of the association's books on behalf of the member by a person authorised under this Act to audit the accounts of a prescribed association or a legal practitioner. (2) If the Court is satisfied that— (a) the member is acting in good faith; and (b) the inspection is for a proper purpose, the Court may make an order authorising a person authorised under this Act to audit the accounts of a prescribed association or a legal practitioner, at a time specified in the order, to inspect and make copies of or take extracts from the association's books. (3) The Court may, on an application under this section, make such further or other orders as it thinks fit, including an order for costs. Division 4—Disputes 40—Rules of natural justice to be applied in relation to adjudication of dispute Where the committee of an incorporated association exercises any power of adjudication that it may have in relation to a dispute between its members, or a dispute between itself and members of the association, the rules of natural justice must be observed.