40KTransferor ADI must give documents to transferee ADI

#### 40K Transferor ADI must give documents to transferee ADI An ADI (the transferor ADI) commits an offence if: (a) a document is in its possession in fulfilment of an obligation imposed on it by section 40F, subsection 40G(1) or section 40H or 40J; and (b) the document relates to an active account that has been, or is proposed to be, transferred to another ADI (the transferee ADI) under: (i) a law of the Commonwealth or of a State or Territory; or (ii) an arrangement between the transferor ADI and the transferee ADI; and (c) the transferor ADI intentionally fails to give the relevant document to the transferee ADI within the 120‑day period beginning 30 days before the transfer of the account. Penalty: 10 penalty units.