Commonwealth Consolidated Acts Commonwealth Consolidated ActsA person commits an offence if:
(a) under section 40, a registrant is required to keep records (a scheme record ); and
(b) the person (whether or not the registrant) does an act, or omits to do an act; and
(c) the person does the act, or omits to do the act, with the intention of avoiding or defeating the object of this Act or any element of the scheme; and
(d) the act or omission results in:
(i) damage to, or the destruction of, a scheme record; or
(ii) the concealment of a scheme record; or
(iii) the registrant being prevented from keeping scheme records.
Penalty: Imprisonment for 2 years.