Victorian Consolidated Legislation

Accident Compensation (WorkCover Insurance) Act 1993 - SECT 69

Books and accounts to be preserved

69. Books and accounts to be preserved



(1) A person who is or was an employer required to obtain and keep in force a
WorkCover insurance policy under this Act must keep proper books and preserve
those books for a period of not less than 5 years after the completion of the
transactions to which they relate.

Penalty: 10 penalty units.

(2) This section does not apply so as to require the preservation of any
books-

   (a)  in respect of which the Authority has notified the employer that
        preservation is not required; or

   (b)  of a corporation which has gone into liquidation and which has been
        finally dissolved.