Document ID: chunk:federal_register_of_legislation:C2024C00490:section:192
Version: federal_register_of_legislation:C2024C00490
Segment Type: section
Provision Reference: s 192
Character Range: 288027–289218

192  Record‑keeping requirements—preparation of offsets report

Scope
 (1) This section applies if a person:
 (a) made a record of particular information; and
 (b) used the information to prepare an offsets report.

Record‑keeping requirements
 (2) The regulations or the legislative rules may require the person to retain:
 (a) the record; or
 (b) a copy of the record;
for 7 years after the offsets report was given to the Regulator.
 (3) If a person is subject to a requirement under regulations or legislative rules made for the purposes of subsection (2), the person must comply with that requirement.

Ancillary contraventions
 (4) A person must not:
 (a) aid, abet, counsel or procure a contravention of subsection (3); or
 (b) induce, whether by threats or promises or otherwise, a contravention of subsection (3); or
 (c) be in any way, directly or indirectly, knowingly concerned in, or party to, a contravention of subsection (3); or
 (d) conspire with others to effect a contravention of subsection (3).

Civil penalty provisions
 (5) Subsections (3) and (4) are civil penalty provisions.
Note: Part 21 provides for pecuniary penalties for breaches of civil penalty provisions.