Queensland Consolidated Acts

CRIMINAL PROCEEDS CONFISCATION ACT 2002 - SECT 248

248 Register of original documents

(1) If a financial institution is required by law to release an original of an essential customer-generated financial transaction document before the minimum retention period for the document ends, the institution must keep a complete copy of the document until the period has ended or the original is returned, whichever happens first.

Penalty—

Maximum penalty—200 penalty units.

(2) The financial institution must keep a register of documents released under subsection (1) .

Penalty—

Maximum penalty—200 penalty units.