QLDIn ForceAct
Financial Intermediaries Act 1996
sec.228False copies of rules
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sec.228 False copies of rules
A person must not— give a member of a society or a person intending or applying to become a member, a copy of the rules or an alteration of the rules other than those that have been properly registered, representing that they are binding on the society’s members; or make an alteration in any of the rules of the society after they have been properly registered and circulate them representing that they have been properly registered. Maximum penalty—160 penalty units.
- (a) give a member of a society or a person intending or applying to become a member, a copy of the rules or an alteration of the rules other than those that have been properly registered, representing that they are binding on the society’s members; or
- (b) make an alteration in any of the rules of the society after they have been properly registered and circulate them representing that they have been properly registered.