127Inspection of accounting records

#### 127 Inspection of accounting records 127 Inspection of accounting records > > (1) A society must make its accounting records available at all reasonable times for inspection without fee by any director of the society and by any other person authorised or permitted under this Act to inspect the accounting records. > > > > Maximum penalty—20 penalty units. > > > (2) The Court may, on application by a director of a society, make an order authorising a registered company auditor acting for the director to inspect the accounting records of the society. > > > (3) A registered company auditor who inspects accounting records under a Court order must not disclose to a person other than the director on whose application the order was made any information acquired during the inspection. > > > > Maximum penalty—20 penalty units. > > > (4) The cost of an inspection conducted under a Court order must be met by the society.