40FCustomer‑generated financial transaction documents not relating to operation of accounts

#### 40F Customer‑generated financial transaction documents not relating to operation of accounts (1) A financial institution commits an offence if: (a) it does not retain, for the minimum retention period, the original of a customer‑generated financial transaction document; and (b) the document does not relate to the operation of an account held with the institution; and (c) the document is not a cheque or payment order; and (d) the financial institution is not required by law to release the original before the end of the minimum retention period. Penalty: 100 penalty units. (2) An offence against this section is an offence of strict liability. > Note 1: For strict liability, see section 6.1 of the Criminal Code. > Note 2: This section does not apply to documents relating to certain transferred accounts (see sections 40L and 40P).