VadeLab
StatuteCorporations Act 2001

Section 601SBC — Corporations Act 2001: Court may order audit

Text of the provision Official document

(1) The Court may, on any application under section 601SBB, in addition to or in substitution for any account to be provided by the licensed trustee company under that section, order that a person named in the order must examine the accounts of the trustee company relating to the estate in respect of which the order is made. (2) On the making of any such order, the trustee company must: (a) give to the person named in the order a list of all the accounts kept by the company relating to the estate; and (b) produce to the person, at an office of the trustee company at all reasonable times when required, all books in the company’s possession relating to the estate; and (c) provide the person with all necessary information and all other necessary facilities for enabling the person to make the examination. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

Official source: Federal Register of Legislation

There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.

Search case law on this topic

See judgments from Australian courts and tribunals with a plain-English summary and legal holding.

Explore case law →

Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.