66Inspection of books

66 Inspection of books

S. 66(1) amended by No. 46/1998
s. 7(Sch. 1).

(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.

S. 66(3) amended by No. 11/2001 s. 3(Sch. item 15.2).

(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.

S. 66(4) amended by No. 11/2001 s. 3(Sch. item 15.2).

(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.

No. 6138 s. 67.