Document ID: chunk:federal_register_of_legislation:C2004A01345:clause:1_40k
Version: federal_register_of_legislation:C2004A01345
Segment Type: clause
Provision Reference: sch 1 cl 40K
Character Range: 59107–59717

40K  Record keeping requirements

 (1) A person who is issued:
 (a) a low volume permit; or
 (b) a controlled use permit; or
 (c) a self‑assessed assessment certificate;
must keep records to support any statement made in or in connection with the application for the permit or certificate, or any application for a renewal of the permit.

 (2) The records must be kept for 5 years from the date the permit or certificate is issued.

 (3) A person commits an offence if:
 (a) the person is required to keep records under subsection (1) or (2); and
 (b) the person fails to do so.

Penalty: 120 penalty units.