Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:301:p22
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 301 (pt 22/30)
Character Range: 1930526–1933163

to receive a report, the body corporate is not required to send copies of the reports or concise reports mentioned in subregulation (1) to the member; and
 (c) despite a member of the body corporate electing not to receive those reports or concise reports, or not making an election, the member may at any time elect to receive the relevant reports.
 (3) The member or applicant is taken not to have elected to receive a report if the body corporate has not received the election within 21 days of notice being given in accordance with subregulation (1).
 (4) If the member elects not to receive the reports or concise reports mentioned in subregulation (1), or does not make an election, section 314 of the Act does not apply to the body corporate in relation to the member.
 (5) If the applicant elects not to receive the reports or concise reports mentioned in subregulation (1), or does not make an election, section 314 of the Act does not apply to the body corporate in relation to the applicant if he or she becomes a member of the body corporate to whom this Part applies.

12.6.04  Copies of reports to be available to members
 (1) If the body corporate gives notice under subregulation 12.6.03(1), it must make copies of the relevant reports mentioned in that subregulation available for collection by its members at:
 (a) the registered office of the body corporate; and
 (b) every other place where the body corporate conducts business that is open to the public.
 (2) Copies of the reports must be made available by the body corporate from the deadline mentioned in subsection 315(1) of the Act for reporting to members until 1 month after the day on which its next AGM after the end of the financial year is held.

12.6.05  Records to be kept about notices
  A body corporate must, not later than 28 days after a notice is given under subregulation 12.6.03(1) to a member of the body corporate, record in writing:
 (a) the date on which the notice was given to the member; and
 (b) whether the member elected to receive the reports or concise report mentioned in that subregulation.
Example of recording: An entry made in a register kept under Chapter 2C of the Act.

Part 12.7—Other disclosure

Division 1—Preliminary

12.7.01  Definitions for Part 12.7
  In this Part:
ASIC transitional standard means:
 (a) a provision of a previous governing Code that is specified in Schedule 12; or
 (b) an instrument made under a provision mentioned in paragraph (a).
relevant financial institution means the following bodies:
 (a) a transferring financial institution of a State or Territory;
 (b) a company that is permitted to use