69Licensee’s records

#### 69 Licensee’s records 69 Licensee’s records > > (1) In this Act— > > > > licensee’s records means records and other documents required to be kept by a licensee under this Act or the regulations. > > > (2) The regulations may make provision for or with respect to— > > > > > (a) requiring licensees to make and keep specified records and documents relating to the licensee’s conveyancing business, accounts kept in connection with that business and transactions carried out by the licensee or employees of the licensee in connection with conveyancing work carried out by them, and > > > > > (b) the manner and form in which such records and documents are to be kept. > > > (3) A provision of such a regulation may impose a penalty not exceeding 50 penalty units for a contravention of the provision. > > > (4) If records or documents that were licensee’s records are in the possession, custody or control of a person as a former licensee, as the personal representative of a deceased licensee, or as a result of the transfer of the business of the licensee or otherwise, those records or documents are still licensee’s records for the purposes of this Division. > > > (5) This Part extends to records and documents in the possession, custody or control of a person even when the records or documents are located outside the State.