Section 342. Inspection of records of resolutions and meetings

(1) The records referred to in section 341 relating to the previous seven years shall be kept available for inspection—

(a) at the registered office of the company; or

(b) at another place which a notice has been given under subsection (2).

(2) Unless the records have at all times been kept at the registered office, the company shall give a notice to the Registrar in respect to the place where the records are kept or the change of the place within fourteen days from the date the records are kept at such place or such change of place.

(3) The records shall be made available for inspection by any member of the company without charge.

(4) Any member shall be entitled to be furnished with a copy of any minutes specified under section 341 within fourteen days after he has made a request in writing to the company at a charge not exceeding two ringgit for every one hundred words.

(5) The company and every officer who contravene this section commit an offence and shall, on conviction, be liable to a fine not exceeding ten thousand ringgit and, in the case of a continuing offence, to a further fine of five hundred ringgit for each day during which the offence continues after conviction.

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