Document ID: chunk:federal_register_of_legislation:C2004A01206:clause:2_32
Version: federal_register_of_legislation:C2004A01206
Segment Type: clause
Provision Reference: sch 2 cl 32
Character Range: 63174–63897

32  Subsection 39(1)
Repeal the subsection (including the subsection heading and the note), substitute:

Records to be kept by person who applies for payment

 (1) A person who applies for an indemnity scheme payment, or a payment under the Exceptional Claims Protocol, must keep records relevant to the following matters:
 (a) the payability of the payment;
 (b) the amount of the payment payable;
 (c) any amount paid to the person that results in a person being liable to pay an amount under section 24 or 34T;
 (d) any other matter determined by the HIC.

Note: Failure to keep the records is an offence (see section 47).

Note: The heading to section 39 is replaced by the heading "Main record keeping obligations".