170
In forcePeriod for which monitoring records to be kept
Part 4Licensing of monitoring operators, dealers and testing facility operators
Division 8Compliance requirements
Subdivision 2Monitoring records
170 Period for which monitoring records to be kept
(1)
A licensed supplier must keep a monitoring record of the supplier for 5 years after the end of the transaction to which the record relates.Maximum penalty—40 penalty units.
(2)
Subsection (1) does not apply to a monitoring record if—
(a)
the information previously contained in the record is kept in another way under an approval of the commissioner; or
(b)
the record has been destroyed under an approval of the commissioner.
(3)
Subsection (1) has effect subject to any other law about the retention or destruction of the monitoring record.
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