Section 247C — Corporations Act 2001 (Cth)

(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.

Related sections

• s 246H — Application of this Part to MCI mutual entities that are companies limited by guarantee
• s 247A — Order for inspection of books of company or registered scheme
• s 247B — Ancillary orders
• s 247D — Company or directors may allow member to inspect books (replaceable rule see section 135)
• s 247E — Shareholding does not prevent compensation claim
• s 248A — Circulating resolutions of companies with more than 1 director (replaceable rule see section 135)

Research how courts apply s 247C

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.