An officer of a prescribed association who does not act with reasonable care and diligence at all times may be fined up to $1250 [Associations Incorporation Act 1985 (SA) s 39A(4)]. In addition, the officer must pay the association any profit made and any damage suffered by the association as a consequence.
An officer of a prescribed association faces a fine up to $1250 [Associations Incorporation Act 1985 (SA) s 37(2)] if she or he, without lawful excuse:
- refuses or fails to allow an auditor access to the association's records in the officer's custody or control
- refuses or fails to give any information or explanation when required by the auditor
- otherwise hinders, obstructs or delays an auditor.
Duties of officers of prescribed associations : Last Revised: Mon Sep 26th 2011 The content of the Law
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