Document ID: chunk:federal_register_of_legislation:C2024C00345:section:273
Version: federal_register_of_legislation:C2024C00345
Segment Type: section
Provision Reference: s 273
Character Range: 424805–426069

273  Order for inspection of financial records
 (1) On application by a member of a reporting unit, the FWC may make an order:
 (a) authorising the applicant to inspect the financial records of the reporting unit specified in the order; or
 (b) authorising another person (whether a member or not) to inspect the financial records of the reporting unit specified in the order on the applicant's behalf.
This subsection is subject to subsections (2) and (3).
 (2) The FWC may only make the order if it is satisfied:
 (a) that the applicant is acting in good faith; and
 (b) there are reasonable grounds for suspecting a breach of:
 (i) a provision of this Part; or
 (ii) the reporting guidelines; or
 (iii) a regulation made for the purposes of this Part; or
 (iv) a rule of a reporting unit relating to its finances or financial administration; and
 (c) it is reasonable to expect that an examination of the financial records will assist in determining if there is such a breach.
 (3) The FWC may only make an order authorising the inspection of financial records that relate to the suspected breach mentioned in paragraph (2)(b).
 (4) A person authorised to inspect the financial records may make copies of the financial records unless the FWC orders otherwise.