Document ID: chunk:federal_register_of_legislation:C2004C01254:clause:1_50
Version: federal_register_of_legislation:C2004C01254
Segment Type: clause
Provision Reference: sch 1 cl 50
Character Range: 19965–20405

50  Subsection 146(2)
Repeal the subsection, substitute:

 (2) A company commits an offence if:
 (a) the company is subject to a requirement under the regulations to keep and retain records; and
 (b) the company engages in conduct; and
 (c) the company's conduct contravenes the requirement.

Penalty: 50 penalty units.

 (3) Strict liability applies to paragraph (2)(a).

Note: For strict liability, see section 6.1 of the Criminal Code.