Tasmanian Consolidated Acts

SECURITY AND INVESTIGATIONS AGENTS ACT 2002 - SECT 32

      (1) The holder of an agent licence in respect of the operation of a commercial agency must keep records in a secure place at his or her place of business for a period of 6 years of –

(a) any transaction entered into in the course of undertaking activities under that licence; and

(b) any person employed by the holder for the purpose of the operation of the commercial agency.

Penalty:

In the case of –

(a) a body corporate, 500 penalty units; and

(b) a natural person, 100 penalty units.

      (2) A person must not falsify or mutilate any records referred to in subsection (1).

Penalty:

In the case of –

(a) a body corporate, 500 penalty units; and

(b) a natural person, 200 penalty units.