Clause 81

For the purpose of the preparation of a report that, by this Act, is required to be signed by or on behalf of the directors of a borrowing corporation or any of them, that corporation may, by notice in writing require any of its guarantor corporations to furnish it with any information relating to that guarantor corporation which is, by this Act, required to be contained in that report, and that guarantor corporation shall furnish the borrowing corporation with that information before such date, being a date not earlier than fourteen days after the notice is given, as may be specified in that behalf in the notice.[Aust.s. 74G.]

A corporation which fails to comply with a requirement contained in a notice given pursuant to subsection (1) of this section and every officer of that corporation who is in default shall be guilty of an offence under this Act and shall be liable on conviction to a fine not exceeding one thousand dollars and also to a default penalty.