Section 316 — Corporations Act 2001: Choices for members of companies, registered schemes or disclosing entities

(1) A member may request the company, registered scheme or disclosing entity to send them a full financial report, sustainability report (if one is required to be prepared) and the directors’ report and auditor’s report. (1A) A request under subsection (1) may be a standing request or for a particular financial year. The member is not entitled to a report for a financial year earlier than the one before the financial year in which the request is made. (2) The time for complying with a request under subsection (1) is: (a) 7 days after the request is received; or (b) the deadline for reporting under section 315; whichever is later. (3) A full financial report, sustainability report, directors’ report and auditor’s report are to be sent free of charge unless the member has already received a copy of them free of charge. (4) An offence based on subsection (2) or (3) is an offence of strict liability. (5) This section does not apply in relation to a company limited by guarantee.