18Processor to have due diligence system

18 Processor to have due diligence system

(1) A processor must, before processing a raw log, have a due diligence system. (2) For subsection (1), the due diligence system must: (a) be in writing; and (b) set out the process by which the processor will meet the due diligence requirements mentioned in this Division that apply to the processing of the raw log; and (c) include the following information: (i) the processor’s name, street address, postal address, telephone number and email address; (ii) if the processor is not an individual—information about the person who is responsible for maintaining the system, including the person’s name, position and contact details, including telephone number and email address; (iii) if the raw log is to be processed in connection with a business carried on by the processor—the principal business activity conducted by the processor and the processor’s ABN or ACN; and (e) include a written record of the system. Civil penalty provision (3) A processor is liable to a civil penalty if the processor contravenes subsection (1).

Civil penalty: 100 penalty units.