QLDIn ForceAct
Criminal Proceeds Confiscation Act 2002
sec.248Register of original documents
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### sec.248 Register of original documents
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.
Maximum penalty—200 penalty units.
The financial institution must keep a register of documents released under subsection (1) .
Maximum penalty—200 penalty units.
(sec.248-ssec.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. Maximum penalty—200 penalty units.
(sec.248-ssec.2) The financial institution must keep a register of documents released under subsection (1) . Maximum penalty—200 penalty units.