Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:3_648p
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 3 cl 648P
Character Range: 972093–972748

648P  Retention and destruction of index and recordings

 (1) The recording custodian must keep the index and recording for 12 months after the end of the bid period or such longer period as is determined by ASIC in writing.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

 (2) ASIC must notify the recording custodian in writing of a determination it makes under subsection (1).

 (3) The recording custodian must destroy the index and recording on the day after the last day they are required to be kept under subsection (1).

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).