sec.214Inspection of co-operative’s registers and other documents

sec.214 Inspection of co-operative’s registers and other documents

A co-operative must have at the office where the registers are kept and available during all reasonable hours for inspection by a member free of charge the following— a copy of— this Law; and the Co-operatives National Law Act of this jurisdiction; and the National Regulations; and the local regulations; a copy of the rules of the co-operative and attachments to the rules required under section 421 ; a copy of the minutes of each general meeting of the co-operative; a copy of the last annual report of the co-operative; the register of directors; the register of members; the register of names of persons who have given loans or deposits to the co-operative or hold securities or debentures given or issued by the co-operative; the register of CCUs issued by the co-operative and their holders; other registers that the National Regulations may provide are to be open for inspection under this section. If a register is not kept on a computer, the member may inspect the register itself. If the register is kept on a computer, the member may inspect a hard copy of the information on the register unless the person and the co-operative agree the person can access the information by computer. A member is entitled to make a copy of entries in a register specified in subsection (1) free of charge unless the rules of the co-operative require a fee to be paid, in which case the copy may be made on payment of the required fee. The fee required by the rules of the co-operative must not be more than the fee (for a copy of any entry in the register)— prescribed by the National Regulations, except to the extent paragraph (b) applies; or prescribed by the local regulations. A co-operative must— permit a member to inspect a document or make a copy of a document the member may inspect or make under this section; and give the member all reasonable help to inspect the document or make the copy. Maximum penalty—$2,000. The rules of a co-operative may provide for the availability or non-availability of minutes of board meetings and subcommittee meetings for inspection by members. A co-operative must have, at the place where the registers are kept and available during all reasonable hours for inspection by any person, the documents in relation to the co-operative prescribed by the National Regulations. Maximum penalty—$2,000. Neither subsection (7) nor a rule referred to in that subsection affects access to minutes being obtained under section 143 or any other provision of this Law. (sec.214-ssec.1) A co-operative must have at the office where the registers are kept and available during all reasonable hours for inspection by a member free of charge the following— a copy of— this Law; and the Co-operatives National Law Act of this jurisdiction; and the National Regulations; and the local regulations; a copy of the rules of the co-operative and attachments to the rules required under section 421 ; a copy of the minutes of each general meeting of the co-operative; a copy of the last annual report of the co-operative; the register of directors; the register of members; the register of names of persons who have given loans or deposits to the co-operative or hold securities or debentures given or issued by the co-operative; the register of CCUs issued by the co-operative and their holders; other registers that the National Regulations may provide are to be open for inspection under this section. (sec.214-ssec.2) If a register is not kept on a computer, the member may inspect the register itself. (sec.214-ssec.3) If the register is kept on a computer, the member may inspect a hard copy of the information on the register unless the person and the co-operative agree the person can access the information by computer. (sec.214-ssec.4) A member is entitled to make a copy of entries in a register specified in subsection (1) free of charge unless the rules of the co-operative require a fee to be paid, in which case the copy may be made on payment of the required fee. (sec.214-ssec.5) The fee required by the rules of the co-operative must not be more than the fee (for a copy of any entry in the register)— prescribed by the National Regulations, except to the extent paragraph (b) applies; or prescribed by the local regulations. (sec.214-ssec.6) A co-operative must— permit a member to inspect a document or make a copy of a document the member may inspect or make under this section; and give the member all reasonable help to inspect the document or make the copy. Maximum penalty—$2,000. (sec.214-ssec.7) The rules of a co-operative may provide for the availability or non-availability of minutes of board meetings and subcommittee meetings for inspection by members. (sec.214-ssec.8) A co-operative must have, at the place where the registers are kept and available during all reasonable hours for inspection by any person, the documents in relation to the co-operative prescribed by the National Regulations. Maximum penalty—$2,000. (sec.214-ssec.9) Neither subsection (7) nor a rule referred to in that subsection affects access to minutes being obtained under section 143 or any other provision of this Law.