(1) Any member of a company may, in person or by attorney and in furtherance of a proper purpose, request in writing specifying the purpose to inspect during normal business hours the share register and register of beneficial owner of the international business company or the books, records, minutes and consents kept by the international business company and to make copies or extracts therefrom. (Amended by Act 13 of 2018)
(2) For purposes of subsection (1), a proper purpose is a purpose reasonably related to the member's interest as a member.
(3) If a request under subsection (1) is submitted by an attorney for a member, the request must be accompanied by a power of attorney authorising the attorney to act for the member.
(4) If the international business company, by a resolution of directors, determines that it is not in the best interest of the company or of any other member of the international business company to comply with a request under subsection (1), the international business company may refuse the request.
(5) Upon refusal by the international business company of a request under subsection (1), the member may, before the expiration of a period of 90 days of the member receiving notice of the refusal, apply to the Court for an order to allow the inspection.
(6) Notwithstanding subsection (1), the Minister has access to the share register and register of beneficial owner of the international business company, the books, records, minutes and contents kept by the international business company. (Inserted by Act 13 of 2018 and amended by Act 2 of 2022)