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Home/Legislation/Co-operatives (Adoption of National Law) Act 2012/266

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Co-operatives (Adoption of National Law) Act 2012

266Language requirements

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#### 266 Language requirements 266 Language requirements (cf Corporations Act s 287) > > (1) The financial records may be kept in any language. > > > (2) A co-operative must ensure that an English translation of financial records not kept in English is made available within a reasonable time to a person who— > > > > > (a) is entitled to inspect the records; and > > > > > (b) asks for the English translation. > > > > Maximum penalty—$2,500. > > > (3) An offence based on subsection (2) is an offence of strict liability.

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Section 266 - Co-operatives (Adoption of National Law) Act 2012 - Language requirements — Zoe