Section 216 — Companies Act 1993: Inspection of company records by shareholders
Text of the provision Official document
216 Inspection of company records by shareholders (1) In addition to the records available for public inspection, a company must keep the following records available for inspection in the manner prescribed in section 217 of this Act by a shareholder of the company, or by a person authorised in writing by a shareholder for the purpose, who serves written notice of intention to inspect on the company: (a) Minutes of all meetings and resolutions of shareholders: (b) Copies of written communications to all shareholders or to all holders of a class of shares during the preceding 10 years, including annual reports, financial statements, summary financial statements (if any), and group financial statements: (c) Certificates given by directors under this Act: (d) The interests register of the company. (2) If a company fails to comply with subsection (1) of this section,— (a) The company commits an offence and is liable on conviction to the penalty set out in section 373(2) of this Act; and (b) Every director of a company commits an offence and is liable on conviction to the penalty set out in section 374(2) of this Act. Subsection (1)(b) was amended, as from 15 April 2004, by section 14 Companies Amendment Act (No 2) 2004 (2004 No 24) by inserting the words “ summary financial statements (if any), ” after the words “ financial statements, ” .
Official source: legislation.govt.nz
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