REPUBLIC OF NAURU 

CORPORATIONS (AMENDMENT) ACT NO. 3 2016 
No. 44 of 2016
An Act to amend the Corporations Act 1972 
Certified: 8th September 2016 
Table of Contents 
1 SHORT TITLE 
2 COMMENCEMENT 
3 AMENDMENT OF THE CORPORATIONS ACT 1972 
4 AMENDMENT OF SECTION 134 
5 REPEAL AND SUBSTITUTION OF SECTION 241 

Enacted by the Parliament of Nauru as follows: 
1 Short title 
This Act may be cited as the Corporations (Amendment) No. 3 Act 2016. 
2 Commencement 
This Act commences upon certification by the Speaker.
3 Amendment of the Corporations Act 1972 
The Corporations Act 1972 is amended by the provisions of this Act. 
4 Amendment of section 134  
Section 134 (1) is amended by inserting the words 'including underlying documentation such as invoices and contracts' after the word 'records' and before the word 'to'. 
5 Repeal and substitution of section 241 
Section 241 is repealed and substituted with the following: 
	(1) Any person, who fails to comply with the requirements of the Act is liable to a fine not exceeding $1,000. 
	(2) Any person who commits an offence against sections 6, 42, 63, 95, 119, 134, 147, 148 and 214, is liable on conviction to a fine not exceeding $5,000 and to imprisonment for six months in respect of each offence.  
	(3) Any person who commits an offence against sections 33, 40, 107, 215 and 216 is liable on conviction to a fine not exceeding $10,000 and to imprisonment for twelve months in respect of each offence.