140Order for inspection of books of co-operative

140 Order for inspection of books of co-operative

140 Order for inspection of books of co-operative

(cf Corporations Act s 247A)

(1) On application by a member of a co-operative, the Supreme Court may make an order—

(a) authorising the applicant to inspect books of the co-operative; or

(b) authorising another person (whether a member or not) to inspect books of the co-operative on the applicant’s behalf.

(2) A person authorised to inspect books may make copies of the books unless the Supreme Court orders otherwise.

(3) A person who—

(a) is granted leave under section 580; or

(b) applies for leave under that section; or

(c) is eligible to apply for leave under that section;

may apply to the Supreme Court for an order under this section.

(4) On application, the Supreme Court may make an order authorising—

(a) the applicant to inspect books of the co-operative; or

(b) another person to inspect books of the co-operative on the applicant’s behalf.

(5) The Supreme Court may make the order only if it is satisfied that—

(a) the applicant is acting in good faith; and

(b) the inspection is to be made for a purpose connected with—

(i) applying for leave under section 580; or

(ii) bringing or intervening in proceedings with leave under that section.

(6) A person authorised to inspect books may make copies of the books unless the Supreme Court orders otherwise.