Section 247C — Corporations Act 2001: Disclosure of information acquired in inspection

(1) A person who inspects books on behalf of an applicant under section 247A must not disclose information obtained during the inspection. (2) Subsection (1) does not apply to the extent that the disclosure is to: (a) ASIC; or (b) the applicant. Note: A defendant bears an evidential burden in relation to the matter in subsection (2), see subsection 13.3(3) of the Criminal Code. (3) An offence based on subsection (1) is an offence of strict liability. Note: For strict liability, see section 6.1 of the Criminal Code.