Document ID: chunk:federal_register_of_legislation:C2004A00922:clause:3_42
Version: federal_register_of_legislation:C2004A00922
Segment Type: clause
Provision Reference: sch 3 cl 42
Character Range: 22322–23188

42  Subsection 8L(1)
Repeal the subsection, substitute:

 (1) A person is guilty of an offence if:
 (a) the person is required under, or pursuant to, a taxation law to keep any accounts, accounting records or other records; and
 (b) the person keeps the accounts or records; and
 (c) the accounts or records do not correctly record and explain the matters, transactions, acts or operations to which they relate.

 (1A) A person is guilty of an offence if:
 (a) the person is required under, or pursuant to, a taxation law to make a record of any matter, transaction, act or operation; and
 (b) the person makes the record; and
 (c) the record does not correctly record the matter, transaction, act or operation.

 (1B) An offence under subsection (1) or (1A) is an offence of absolute liability.

Note: For absolute liability, see section 6.2 of the Criminal Code.