After purchasing his shares, Tristan asks you to explain to him what the register of members is, what information is in that register, and whether all companies must keep one. Tristan is quite fascinated by the existence of a register and asks you whether he can inspect the one his details are recorded on and, if so, where can he find it. Tristan confides in you that if he can get access to the personal details of all his company’s members, he could then sell that information to commercial call centres and socio-economic survey research companies. Also, Tristan cannot understand why the court has sole power to correct any errors made on entries into the members register. Advise Tristan. specify ASIC rules
After purchasing his shares, Tristan asks you to explain to him what the register of members is, what information is in that register, and whether all companies must keep one. Tristan is quite fascinated by the existence of a register and asks you whether he can inspect the one his details are recorded on and, if so, where can he find it. Tristan confides in you that if he can get access to the personal details of all his company’s members, he could then sell that information to commercial call centres and socio-economic survey research companies. Also, Tristan cannot understand why the court has sole power to correct any errors made on entries into the members register. Advise Tristan. specify ASIC rules
Chapter11: Property Dispositions
Section: Chapter Questions
Problem 92DC
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After purchasing his shares, Tristan asks you to explain to him what the register of members is, what information is in that register, and whether all companies must keep one. Tristan is quite fascinated by the existence of a register and asks you whether he can inspect the one his details are recorded on and, if so, where can he find it. Tristan confides in you that if he can get access to the personal details of all his company’s members, he could then sell that information to commercial call centres and socio-economic survey research companies. Also, Tristan cannot understand why the court has sole power to correct any errors made on entries into the members register. Advise Tristan.
specify ASIC rules
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