(1) The regulations may make provision for and in relation to requiring a company to keep and retain records, where the records are relevant to the preparation of:
(a) the accounts and statements of the company mentioned in section 141; or
(b) the reports of the company mentioned in section 145.
(2) A company commits an offence if:
(a) the company is subject to a requirement under the regulations to keep and retain records; and
(b) the company engages in conduct; and
(c) the company's conduct contravenes the requirement.
(3) Strict liability applies to paragraph (2)(a).
Note: For strict liability , see section 6.1 of the Criminal Code .