116
In forceForm of records
Part 9Record keeping
116 Form of records
A person who is required under a tax law to keep a record must keep the record—
(a)
in the form of a document written in English with information about amounts expressed in Australian currency; or
(b)
in a form that can be readily converted or translated into the form mentioned in paragraph (a).
Maximum penalty—100 penalty units.
This Act’s bill:Explanatory memorandum
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