sec.48Minister may require information or documents

sec.48 Minister may require information or documents

This section applies if the Minister has a concern about the financial viability of a foundation or the administration or management of a foundation, whether or not the concern is based on notice received from the board of the foundation under section 47 . The Minister may, by notice given to the board of a foundation, ask the board to do the following within a stated reasonable period and in a stated reasonable way— give the Minister relevant information in the board’s knowledge about a stated matter; give the Minister, or make available for inspection by the Minister, a relevant document or copy of a relevant document about a stated matter in the foundation’s possession or control. The board must comply with the request. Unless the Minister is satisfied there are exceptional circumstances, the Minister must consult with the board about the information or documents that may be sought by the Minister before giving a notice. If an original document is given to the Minister, the Minister may keep the document to copy it and must return the document to the board as soon as practicable after copying it. The Minister may disclose the information, or give the document or copy of the document, to an entity the Minister considers appropriate to help the Minister assess— the foundation’s financial viability; or the administration or management of the foundation. In this section— relevant , in relation to information or a document, means relating to the board’s functions under this Act. (sec.48-ssec.1) This section applies if the Minister has a concern about the financial viability of a foundation or the administration or management of a foundation, whether or not the concern is based on notice received from the board of the foundation under section 47 . (sec.48-ssec.2) The Minister may, by notice given to the board of a foundation, ask the board to do the following within a stated reasonable period and in a stated reasonable way— give the Minister relevant information in the board’s knowledge about a stated matter; give the Minister, or make available for inspection by the Minister, a relevant document or copy of a relevant document about a stated matter in the foundation’s possession or control. (sec.48-ssec.3) The board must comply with the request. (sec.48-ssec.4) Unless the Minister is satisfied there are exceptional circumstances, the Minister must consult with the board about the information or documents that may be sought by the Minister before giving a notice. (sec.48-ssec.5) If an original document is given to the Minister, the Minister may keep the document to copy it and must return the document to the board as soon as practicable after copying it. (sec.48-ssec.6) The Minister may disclose the information, or give the document or copy of the document, to an entity the Minister considers appropriate to help the Minister assess— the foundation’s financial viability; or the administration or management of the foundation. (sec.48-ssec.7) In this section— relevant , in relation to information or a document, means relating to the board’s functions under this Act.