19Accounting documents to be kept

19 Accounting documents to be kept

(1)  A conveyancer must keep documents which –

(a) correctly record and explain the conveyancer's business transactions; and

(b) correctly record and explain the conveyancer's receipts and payments of trust money; and

(c) enable the conveyancer's trust accounts and accounting records to be properly audited.

(2)  A conveyancer must keep the documents referred to in this section for a period of 6 years after the date of the last relevant transaction.

Penalty:  Fine not exceeding 20 penalty units.