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