Document ID: chunk:federal_register_of_legislation:F2024L01639:clause:1_143
Version: federal_register_of_legislation:F2024L01639
Segment Type: clause
Provision Reference: sch 1 cl 143
Character Range: 157312–158880

143  Requirements to keep accounts, records and other documents—offence and civil penalty provisions

Strict liability offence
 (1) A person commits an offence of strict liability if:
 (a) section 142 requires the person to keep an account, record or document; and
 (b) the person does not keep the account, record or document in accordance with section 142.
Penalty: 40 penalty units.

Civil penalty provision
 (2) A person is liable to a civil penalty if:
 (a) section 142 requires the person to keep an account, record or document; and
 (b) the person does not keep the account, record or document in accordance with section 142.
Civil penalty: 40 penalty units.

Continuing offences and continuing contraventions of civil penalty provisions
 (3) A person who commits an offence against subsection (1) commits a separate offence in respect of each day (including a day of a conviction for the offence or any later day) during which the offence continues.
 (4) The maximum penalty for each day that an offence under subsection (1) continues is 10% of the maximum penalty that can be imposed in respect of that offence.
 (5) A person who contravenes subsection (2) commits a separate contravention in respect of each day (including a day of the making of a relevant civil penalty order or any later day) during which the contravention continues.
 (6) The maximum civil penalty for each day that a contravention of subsection (2) continues is 10% of the maximum civil penalty that can be imposed in respect of that contravention.

Part 9—Compliance and enforcement