NSWIn ForceAct
Co-operatives (Adoption of National Law) Act 2012
292Relodgment if financial statements or directors’ reports amended after lodgment
Start here
Get a plain-English read of 292
Turn the raw legal text into a practical explanation grounded in Co-operatives (Adoption of National Law) Act 2012.
#### 292 Relodgment if financial statements or directors’ reports amended after lodgment
292 Relodgment if financial statements or directors’ reports amended after lodgment
(cf Corporations Act s 322)
> > (1) If a financial report or directors’ report is amended after it is lodged with the Registrar, the co-operative must—
> >
> > > (a) lodge the amended report with the Registrar within 14 days after the amendment; and
> >
> > > (b) give a copy of the amended report free of charge to any member who asks for it.
> >
> > Maximum penalty—$1,000.
>
> > (2) If the amendment is a material one, the co-operative must also notify members as soon as practicable of—
> >
> > > (a) the nature of the amendment; and
> >
> > > (b) their right to obtain a copy of the amended report under subsection (1).
> >
> > Maximum penalty—$1,000.
>
> > (3) An offence based on subsection (1) or (2) is an offence of strict liability.