13Member Register to be within the State

13 Member Register to be within the State

13 Member Register to be within the State

(1) A relevant company must not, without the written approval of the Minister—

(a) change the location where any Member Register of the company is kept to a location that is outside of the territorial limits of the State, or

(b) keep any Member Register of the company at a location that is outside of the territorial limits of the State.

Maximum penalty—1,000 penalty units.

Note—

If a relevant company contravenes this subsection, section 67 operates to make each person who is a director of the company or who is concerned in the management of the company liable for the offence if the person knowingly authorised or permitted the contravention.

(2) It is taken to be a provision of the constitution of each relevant company that—

(a) any Member Register of the company be kept at a location within the territorial limits of the State unless the Minister gives written approval for it to be kept at a location outside the territorial limits of the State, and

(b) the location where a Member Register is kept not be changed to a location that is outside of the territorial limits of the State without the written approval of the Minister, and

(c) the provisions of paragraphs (a) and (b) have effect despite any other provisions of the constitution of the company.

s 13: Am 2006 No 108, Sch 1 [7].