sec.788Order for inspection of financial records

### sec.788 Order for inspection of financial records On application by a member of a reporting unit, the commission may make an order— authorising the applicant to inspect the financial records of the reporting unit stated in the order; or authorising another person (whether a member or not) to inspect the financial records of the reporting unit stated in the order on the applicant’s behalf. However, the commission may only make the order if it is satisfied— the applicant is acting in good faith; and there are reasonable grounds for suspecting a contravention of— a provision of this division; or the reporting guidelines; or a regulation made for this division; or a rule of a reporting unit relating to its finances or financial administration; and it is reasonable to expect an examination of the financial records will help in deciding if there is a contravention. Also, the commission may only make an order authorising the inspection of financial records that relate to the suspected contravention mentioned in subsection (2) (b) . A person authorised to inspect the financial records may make copies of the financial records unless the commission orders otherwise. (sec.788-ssec.1) On application by a member of a reporting unit, the commission may make an order— authorising the applicant to inspect the financial records of the reporting unit stated in the order; or authorising another person (whether a member or not) to inspect the financial records of the reporting unit stated in the order on the applicant’s behalf. (sec.788-ssec.2) However, the commission may only make the order if it is satisfied— the applicant is acting in good faith; and there are reasonable grounds for suspecting a contravention of— a provision of this division; or the reporting guidelines; or a regulation made for this division; or a rule of a reporting unit relating to its finances or financial administration; and it is reasonable to expect an examination of the financial records will help in deciding if there is a contravention. (sec.788-ssec.3) Also, the commission may only make an order authorising the inspection of financial records that relate to the suspected contravention mentioned in subsection (2) (b) . (sec.788-ssec.4) A person authorised to inspect the financial records may make copies of the financial records unless the commission orders otherwise. - (a) authorising the applicant to inspect the financial records of the reporting unit stated in the order; or - (b) authorising another person (whether a member or not) to inspect the financial records of the reporting unit stated in the order on the applicant’s behalf. - (a) the applicant is acting in good faith; and - (b) there are reasonable grounds for suspecting a contravention of— (i) a provision of this division; or (ii) the reporting guidelines; or (iii) a regulation made for this division; or (iv) a rule of a reporting unit relating to its finances or financial administration; and - (i) a provision of this division; or - (ii) the reporting guidelines; or - (iii) a regulation made for this division; or - (iv) a rule of a reporting unit relating to its finances or financial administration; and - (c) it is reasonable to expect an examination of the financial records will help in deciding if there is a contravention. - (i) a provision of this division; or - (ii) the reporting guidelines; or - (iii) a regulation made for this division; or - (iv) a rule of a reporting unit relating to its finances or financial administration; and