Document ID: chunk:federal_register_of_legislation:C2025C00185:section:283bb
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 283BB
Character Range: 989049–989825

283BB  General duties
  The borrower must:
 (a) carry on and conduct its business in a proper and efficient manner; and
 (b) provide a copy of the trust deed to:
 (i) a debenture holder; or
 (ii) the trustee;
  if they request a copy; and
 (c) make all of its financial and other records available for inspection by:
 (i) the trustee; or
 (ii) an officer or employee of the trustee authorised by the trustee to carry out the inspection; or
 (iii) a registered company auditor appointed by the trustee to carry out the inspection;
  and give them any information, explanations or other assistance that they require about matters relating to those records.
Note: The borrower also has a duty to call a meeting of debenture holders in certain circumstances (see section 283EA).