Contents
26Retention of records and documents#
(1)A person who applies for an authorisation (however described) under a sanction law must retain any records or documents relating to that application for the period of 5 years beginning on:
(a)if the authorisation was granted—the last day on which an action to which the authorisation relates was done; or
(b)if the authorisation was not granted—the day on which the application was made.
Example: An example of an authorisation is a licence, permission, consent or approval.
(2)A person who is granted an authorisation (however described) under a sanction law must retain any records or documents relating to the person’s compliance with any conditions to which the authorisation is subject for the period of 5 years beginning on the last day on which an action to which the authorisation relates was done.
Note: A person may commit an offence if the person fails to give under section 19 a record or document that is required to be retained under this section: see section 21.
Sourced from the Federal Register of Legislation at legislation.gov.au, © Commonwealth of Australia, licensed under CC BY 4.0. Compilations may have been reformatted.