Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 7
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RECORD KEEPING, REPORTING REQUIREMENTS AND BOOKS
PART 7-3
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REPORTING REQUIREMENTS
Division 345
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Consolidated financial report
SECTION 345-1
DIRECTORS AND OFFICERS OF CONTROLLED ENTITY TO GIVE INFORMATION
345-1(1)
If an Aboriginal and Torres Strait Islander corporation has to prepare a consolidated financial report, a director or officer of a controlled entity must give the corporation all information requested that is necessary to prepare the consolidated financial report.
345-1(2)
An offence based on subsection (1) is an offence of strict liability.
If an Aboriginal and Torres Strait Islander corporation has to prepare a consolidated financial report, a director or officer of a controlled entity must give the corporation all information requested that is necessary to prepare the consolidated financial report.
Penalty: 25 penalty units or imprisonment for 6 months, or both.
345-1(2)
An offence based on subsection (1) is an offence of strict liability.
Note:
For strict liability , see section 6.1 of the Criminal Code .